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LOSS PER SHARE
 12 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
LOSS PER SHARE

NOTE 17. LOSS PER SHARE

 

Basic loss per common share is computed by dividing net loss allocable to common shareholders by the weighted average number of shares of common stock or common stock equivalents outstanding. Diluted loss per common share is computed similar to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

 

       
   Years Ended June 30, 
   2026   2025 
Net loss attributable to Intelligent Bio Solutions Inc.  $(12,430,975)  $(10,568,733)
Basic and diluted net loss per share attributed to common shareholders  $(8.44)  $(20.04)
Weighted-average number of shares outstanding   1,472,744    527,364 

 

As the Company has incurred net losses in all periods, certain potentially dilutive securities, including warrants to acquire common stock, have been excluded in the computation of diluted loss per share as the effects are antidilutive.

 

The following outstanding warrants were excluded from the computation of diluted net loss per share:

 

       
   Years Ended June 30, 
   2026   2025 
Warrants   6,118,293    5,508,496