Note 7 - Net Loss Per Share

9 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Earnings Per Share [Text Block]

7. Net Loss Per Share

A reconciliation of the components of basic and diluted net loss per share of Common Stock is presented below:

	Three Months Ended March 31,
	2023								2022
	Net Loss			Weighted Average Shares		Loss Per Share			Net Loss			Weighted Average Shares		Loss Per Share
Basic Net Loss per Share:
Net loss attributable to common stock	$	(7,925,487	)		7,243,345	$	(1.09	)	$	(6,827,867	)		6,743,528	$	(1.01	)
Diluted Net Loss per Share:
Net loss attributable to common stock	$	(7,925,487	)		7,243,345	$	(1.09	)	$	(6,827,867	)		6,743,528	$	(1.01	)

	Nine Months Ended March 31,
	2023								2022
	Net Loss			Weighted Average Shares		Loss Per Share			Net Loss			Weighted Average Shares		Loss Per Share
Basic Net Loss per Share:
Net loss attributable to common stock	$	(29,325,788	)		6,938,664	$	(4.23	)	$	(16,275,119	)		6,725,079	$	(2.42	)
Diluted Net Loss per Share:
Net loss attributable to common stock	$	(29,325,788	)		6,938,664	$	(4.23	)	$	(16,275,119	)		6,725,079	$	(2.42	)

 Options and warrants to purchase 501,000 shares of Common Stock of the Company were outstanding as of March 31, 2023, and options to purchase 100,000 shares of Common Stock were outstanding as of March 31, 2022.  These options and warrants were not included in the computation of diluted earnings per share for the three and nine month periods ended March 31, 2023 and 2022 due to being anti-dilutive.  There were no warrants outstanding as of March 31, 2022.