NET INCOME (LOSS) PER SHARE

6 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

NOTE 4. NET INCOME (LOSS) PER SHARE

The difference in the weighted average shares outstanding used in the calculation of basic and diluted net income (loss) per share for the three and six months ended December 31, 2013 and 2012 is as follows:

	Three Months Ended
	December 31,
	2013			2012
Numerators for basic and diluted per share data:
Loss from continuing operations	$	(338,000	)	$	(364,000	)
Income from discontinued operations		—			16,000
Net loss	$	(338,000	)	$	(348,000	)
Denominators for basic and diluted per share data:
Basic:
Weighted average common shares outstanding		3,343,499			3,319,180
Shares used in the computation of basic per share data		3,343,499			3,319,180
Diluted:
Shares used in the computation of basic per share data		3,343,499			3,319,180
Net shares assumed issued using the treasury stock method for outstanding common stock options		—			—
Shares used in the computation of diluted per share data		3,343,499			3,319,180
Basic and diluted per share data:
Loss from continuing operations
Basic	$	(0.10	)	$	(0.11	)
Diluted	$	(0.10	)	$	(0.11	)
Income from discontinued operations
Basic	$	—		$	—
Diluted	$	—		$	—
Net loss
Basic	$	(0.10	)	$	(0.11	)
Diluted	$	(0.10	)	$	(0.11	)

	Six Months Ended
	December 31,
	2013			2012
Numerators for basic and diluted per share data:
Loss from continuing operations	$	(320,000	)	$	(418,000	)
Income from discontinued operations		194,000			53,000
Net loss	$	(126,000	)	$	(365,000	)
Denominators for basic and diluted per share data:
Basic:
Weighted average common shares outstanding		3,344,098			3,299,379
Shares used in the computation of basic per share data		3,344,098			3,299,379
Diluted:
Shares used in the computation of basic per share data		3,344,098			3,299,379
Net shares assumed issued using the treasury stock method for outstanding common stock options		0			0
Shares used in the computation of diluted per share data		3,344,098			3,299,379
Basic and diluted per share data:
Loss from continuing operations
Basic	$	(0.10	)	$	(0.13	)
Diluted	$	(0.10	)	$	(0.13	)
Income from discontinued operations
Basic	$	0.06		$	0.02
Diluted	$	0.06		$	0.02
Net loss
Basic	$	(0.04	)	$	(0.11	)
Diluted	$	(0.04	)	$	(0.11	)

All outstanding options to purchase shares of our common stock, as described in Note 9, are not included in the calculation of diluted loss per share due to their anti-dilutive effect.