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LOSS PER SHARE CALCULATION (Tables)
 12 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of basic and diluted loss per share
The calculation of basic and diluted loss per share is presented below:
 
Year ended June 30,
($ in thousands, except per share data)
2019
 
2018
 
2017
(As Restated)
 
 
 
 
 
 
Numerator for basic and diluted loss per share
 
 
 
 
 
Net loss
$
(32,028
)
 
$
(11,284
)
 
$
(7,465
)
Preferred dividends
(668
)
 
(668
)
 
(668
)
Net loss available to common shareholders
$
(32,696
)
 
$
(11,952
)
 
$
(8,133
)
 
 
 
 
 
 
Denominator for basic loss per share - Weighted average shares outstanding
60,061,243

 
51,840,518

 
39,860,335

Effect of dilutive potential common shares
—

 
—

 
—

Denominator for diluted loss per share - Adjusted weighted average shares outstanding
60,061,243

 
51,840,518

 
39,860,335

 
 
 
 
 
 
Basic loss per share
$
(0.54
)
 
$
(0.23
)
 
$
(0.20
)
Diluted loss per share
$
(0.54
)
 
$
(0.23
)
 
$
(0.20
)