v3.26.3
Loss Per Share
12 Months Ended
Jun. 30, 2026
Loss Per Share [Abstract]  
Loss per share

Note 16 – Loss per share

 

The Company computes loss per share of Class A ordinary shares and Class B ordinary shares using the two-class method. The rights, including the liquidation and dividend rights, of the holders of Class A ordinary shares and Class B ordinary shares are identical.  As a result, the undistributed earnings (loss) for each year are allocated based on the contractual participation rights of Class A ordinary shares and Class B ordinary shares as if the earnings for the year had been distributed. As the liquidation and dividend rights are identical, the undistributed loss is allocated on a proportionate basis.

 

The following tables set forth the computation of basic and diluted loss per share of Class A ordinary shares and Class B ordinary shares for continuing operations:

 

    For the Year Ended
June 30, 2026
    For the Year Ended
June 30, 2025
    For the Year Ended
June 30, 2024
 
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
 
Basic and diluted loss per share:                                    
Numerator                                    
Allocation of undistributed loss from continuing operations   $ (159,041,734 )   $ (937 )   $ (13,936,724 )   $ (29,035 )   $ (5,940,581 )   $ (312,662 )
Denominator                                                
Number of shares used in per share computation     169,756       1       480       1       19       1  
Basic and diluted loss per share - continuing operations   $ (936.88 )   $ (936.88 )   $ (29,034.85 )   $ (29,034.85 )   $ (312,662.15 )   $ (312,662.15 )

 

The following tables set forth the computation of basic and diluted income (loss) per share of Class A ordinary shares and Class B ordinary shares for discontinued operations:

 

    For the Year Ended
June 30, 2026
    For the Year Ended
June 30, 2025
    For the Year Ended
June 30, 2024
 
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
 
Basic and diluted income (loss) per share:                                    
Numerator                                    
Allocation of undistributed income (loss) from discontinued operations   $ 1,577,867     $ 9     $ (28,975,328 )   $ (60,365 )   $ (19,580,542 )   $ (1,030,555 )
Denominator                                                
Number of shares used in per share computation     169,756       1       480       1       19       1  
Basic and diluted income (loss) per share - discontinued operations   $ 9.29     $ 9.29     $ (60,365.27 )   $ (60,365.27 )   $ (1,030,554.85 )   $ (1,030,554.85 )

 

The summary of anti-dilutive instruments excluded from the computation of loss per share, amount is as follows:

 

    Warrants     Convertible
Notes
    Pre-Delivery Shares     Total  
Ordinary shares subject to outstanding:                                
For the year ended June 30, 2026     203,522       156,975       23,168       383,665  
For the year ended June 30, 2025     125       4,627       -       4,752  
For the year ended June 30, 2024     2       3       -       5