LOSS PER SHARE CALCULATION (Tables)

6 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss per Share

The calculation of basic and diluted loss per share is

presented below:

	Three months ended December 31,
($ in thousands, except per share data)	2022		2021
Numerator for basic and diluted loss per share
Net loss	$	(573)	$	(468)
Preferred dividends	—		—
Net loss applicable to common shareholders	(573)		(468)
Denominator for basic loss per share - Weighted average shares outstanding	71,629,939		70,969,246
Effect of dilutive potential common shares	—		—
Denominator for diluted loss per share - Adjusted weighted average shares outstanding	71,629,939		70,969,246
Basic and diluted loss per share	$	(0.01)	$	(0.01)

	Six months ended December 31,
($ in thousands, except per share data)	2022		2021
Numerator for basic and diluted loss per share
Net loss	$	(9,147)	$	(1,760)
Preferred dividends	(334)		(334)
Net loss applicable to common shareholders	(9,481)		(2,094)
Denominator for basic loss per share - Weighted average shares outstanding	71,418,845		71,072,587
Effect of dilutive potential common shares	—		—
Denominator for diluted loss per share - Adjusted weighted average shares outstanding	71,418,845		71,072,587
Basic and diluted loss per share	$	(0.13)	$	(0.03)