EARNINGS (LOSS) PER COMMON SHARE |
12 Months Ended |
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Jun. 30, 2026 | |
| Earnings Per Share [Abstract] | |
| EARNINGS (LOSS) PER COMMON SHARE |
The Company calculates the weighted average number of common shares outstanding using a monthly time-weighting convention. Under this method, shares issued or repurchased during a month are weighted for the portion of the month they were outstanding, and the resulting monthly average is weighted equally across the reporting period. Management has determined that this method does not differ materially from a daily time-weighting calculation.
For the fiscal year ended June 30, 2026, the Company had common shares outstanding at the beginning of the period and issued common shares during the year, resulting in common shares outstanding at the end of the period. The weighted average number of common shares outstanding used in the calculation of basic and diluted loss per share was 10,002,420.
The Company reported a net loss of 75,448 for the fiscal year ended June 30, 2026. Basic and diluted loss per share for the period was . Because the Company had no potentially dilutive securities outstanding during the period, diluted loss per share is the same as basic loss per share.
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