v3.26.3
Basic and Diluted Loss Per Share
 12 Months Ended
Jun. 30, 2026
Basic and Diluted Loss Per Share [Abstract]  
Basic and diluted loss per share

Note 19 — Basic and diluted loss per share

 

Basic loss per share is measured as net loss divided by the weighted average common shares outstanding for the period. Diluted loss per share attributable to common stockholders adjusts basic loss per share for the potentially dilutive impact of non-participating shares of common stock that are subject to the conversion of warrants and RSUs. Certain securities may be anti-dilutive and would be excluded from the calculation of diluted loss per share and disclosed separately. Because of the nature of the calculation, particular securities may be dilutive in some periods and anti-dilutive in other periods.

 

The following table presents the computation of basic and diluted loss per share attributable to common stockholders, for the periods presented:

 

    For the Years Ended
June 30,		  
    2026     2025  
             
Net loss attributable to the Company’s stockholders – basic and diluted loss per share   $ (52,689,934 )   $ (9,020,136 )
              -  
Basic and diluted weighted average shares outstanding*     6,921,884       6,148,467  
                 
Basic and diluted loss per share   $ (7.61 )   $ (1.47 )

 

* There were no shares that have a dilutive effect for the years ended June 30, 2026 and 2025.

 

The following table outlines dilutive common share equivalents outstanding, which are excluded in the above diluted net loss per share calculation, as the effect of their inclusion would be anti-dilutive or the share equivalents were contingently issuable as of each period presented:

 

    For the Years Ended
June 30,		  
    2026     2025  
             
Warrants *     12,145,917       12,145,917  
RSUs*     389,154       693,929  
Total     12,535,071       12,839,846  

 

* The Company’s outstanding warrants and RSUs were excluded from the computation of diluted EPS because it has anti-dilutive effect as the company had a net loss during the periods presented.