Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per share were as follows:

	For the year ended June 30, 2020
	Net Income		Shares		Per Share
Basic income per share:
Net income available to common shareholders	$	937,081		11,734,648	$	0.08
Effect of dilutive securities
Share grants		-		49,766		-
Diluted income per share	$	937,081		11,784,414	$	0.08

	For the year ended June 30, 2019
	Net Income		Shares		Per Share
Basic income per share:
Net income available to common shareholders	$	8,583,399		11,599,290	$	0.74
Effect of dilutive securities
Stock options		-		4,418		-
Share grants		-		18,282		-
Diluted income per share	$	8,583,399		11,621,990	$	0.74