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LOSS PER SHARE CALCULATION (Tables)
12 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of basic and diluted loss per share The following table presents the calculation of basic and diluted loss per share:
Year ended June 30,
($ in thousands, except share and per share data)202220212020
Numerator for basic and diluted loss per share
Net loss$(1,703)$(8,705)$(40,595)
Preferred dividends(668)(668)(668)
Net loss available to common shareholders$(2,371)$(9,373)$(41,263)
Denominator for basic loss per share - Weighted average shares outstanding
71,091,790 67,002,438 62,980,193 
Effect of dilutive potential common shares— — — 
Denominator for diluted loss per share - Adjusted weighted average shares outstanding
71,091,790 67,002,438 62,980,193 
Basic and diluted loss per share$(0.03)$(0.14)$(0.66)