NET INCOME (LOSS) PER SHARE

3 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

NOTE 6. NET INCOME (LOSS) PER SHARE

The Company calculates basic net income (loss) per share by dividing net income (loss) by the weighted-average number of common shares outstanding during the reporting period. Diluted income (loss) per share reflects the effects of potentially dilutive securities, which consist entirely of outstanding stock options.

Potential common shares of 18,622 and 18,693, respectively, have been excluded from diluted weighted average common shares for the three months ended September 30, 2015 and 2014, as the effect would have been anti-dilutive. The following table presents reconciliations of the numerators and denominators of the basic and diluted income (loss) per share computations for net loss. In the tables below, income (loss) amounts represent the numerator, and share amounts represent the denominator (in thousands, except per share amounts):

	Three Months Ended September 30,
	2015			2014
Basic and Diluted:
Loss from continuing operations	$	(125	)	$	(181	)
Weighted average shares outstanding		4,142			4,209
Basic and diluted loss per share from continuing operations	$	(0.03	)	$	(0.04	)
Income from discontinued operations	$	—		$	11
Weighted average shares outstanding		4,142			4,209
Basic and diluted income per share from discontinued operations	$	0.00		$	0.00
Net loss	$	(125	)	$	(170	)
Weighted average shares outstanding		4,142			4,209
Basic and diluted loss per share	$	(0.03	)	$	(0.04	)