v3.26.1
NET LOSS PER SHARE OF COMMON STOCK
9 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE OF COMMON STOCK

NOTE 12 – NET LOSS PER SHARE OF COMMON STOCK

 

Basic net loss per share is computed using the weighted average number of shares of common stock outstanding during the periods. The dilutive effect of potential common stock outstanding is included in diluted net loss per share of common stock. The following table sets forth the computation of basic and diluted net loss per share for the three and nine months ended March 31, 2026 and 2025:

 

   2026   2025 
   Three Months ended March 31, 
   2026   2025 
           
Dilutive impact of preferred stock   832,000    832,000 

 

   2026   2025 
   Nine Months ended March 31, 
   2026   2025 
         
Dilutive impact of preferred stock   832,000    832,000 

 

* Net loss per share was the same for the basic and diluted weighted average shares outstanding for the three and nine months ended March 31, 2026 and 2025 due to anti-dilution feature resulting from the net loss.