Loss Per Share

12 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Loss Per Share

12.         Loss Per Share

We calculate basic loss per share by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per share reflects the effects of potentially dilutive securities. Because we incurred net losses for the fiscal years ended June 30, 2015 and 2014, basic and diluted loss per share were the same as the inclusion of common shares of 22,607 and 23,519 as of June 30, 2015 and 2014, respectively, representing potentially issuable shares under the terms of outstanding stock option grants would have had an antidilutive effect. The summary of the basic and diluted earnings per share calculations for the years ended June 30, 2015 and 2014 is as follows (in thousands, except per share data):

	Years Ended June 30,
	2015			2014
Basic & Diluted:
Loss from continuing operations	$	(402	)	$	(651	)
Weighted average shares outstanding		4,169			3,493
Basic and diluted loss per share from continuing operations	$	(0.10	)	$	(0.19	)
Income from discontinued operations	$	37		$	163
Weighted average shares outstanding		4,169			3,493
Basic and diluted income per share from discontinued operations	$	0.01		$	0.05
Net loss	$	(365	)	$	(488	)
Weighted average shares outstanding		4,169			3,493
Basic and diluted loss per share	$	(0.09	)	$	(0.14	)