LOSS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2024

LOSS PER SHARE

Schedule of earnings (loss) per share computed on the weighted average of outstanding common shares

	Three Months Ended
	September 30,
	2024		2023
Net Loss	$	(17,613)	$	(559)
Preferred Dividend Requirements:
6% Prior Cumulative Preferred, $5 Par Value		15,000		15,000
5% Convertible Cumulative Preferred, $20 Par Value		17,018		17,018
Total Dividend Requirements		32,018		32,018
Net Loss attributable to Common Stockholders	$	(49,631)	$	(32,577)
Weighted Average Shares - Basic		969,834		969,834
Effect of Contingently Issuable Shares, if Dilutive		1,033,334		1,033,334
Weighted Average Shares - Diluted		2,003,168		2,003,168
Basic and Diluted Loss per Share	$	(0.05)	$	(0.03)

Schedule of total dividends in arrears, on a per share basis

	Three Months Ended
	September 30,
	2024		2023
6% Convertible:
Series A	$	20	$	19
Series B	$	19	$	19
5% Convertible:
Series A	$	75	$	74
Series B	$	75	$	74