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Net Loss per Share
12 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Net Loss per Share

 

(13) Net Loss per Share

 

Basic loss per share is computed on the basis of the weighted average number of shares of common stock outstanding during the period. Diluted net loss per share is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method and the if-converted method. Dilutive potential common shares include outstanding stock options and shared-based awards.

 

Reconciliation and the components of basic and diluted net loss per share are as follows (in thousands, except per share data):

 

 

 

Year Ended

 

 

 

2018

 

 

2017

 

Numerator:

 

 

 

 

 

 

 

 

Amounts attributable to Astrotech Corporation, basic

   and diluted:

 

 

 

 

 

 

 

 

Net loss attributable to Astrotech Corporation

 

$

(13,251

)

 

$

(11,582

)

Denominator:

 

 

 

 

 

 

 

 

Denominator for basic and diluted net loss per share

   attributable to Astrotech Corporation — weighted

   average common stock outstanding

 

 

4,061

 

 

 

4,084

 

Basic and diluted net loss per common share:

 

 

 

 

 

 

 

 

Net loss attributable to Astrotech Corporation

 

$

(3.26

)

 

$

(2.84

)

* These amounts have been adjusted for the Reverse Stock Split.

 

All unvested restricted stock awards for the year ended June 30, 2018 are not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 361,128 shares of common stock at exercise prices ranging from $1.60 to $16.00 per share outstanding for the year ended June 30, 2018 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive. Options to purchase 365,253 shares of common stock at exercise prices ranging from $1.60 to $16.00 per share outstanding for the year ended June 30, 2017 were not included in diluted net loss per share, as the impact to net loss per share is anti-dilutive.