Basic and Diluted Earnings Per Share

9 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS PER SHARE

NOTE 11. BASIC AND DILUTED EARNINGS PER SHARE

Basic net income (loss) per share is computed using the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares comprise shares issuable upon the exercise of share-based awards, using the treasury stock method. The reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for income from continuing operations is shown as follows:

	For the Three Months Ended March 31,
	2023			2022
Numerator:
Net loss attributable to common stockholders	$	(430,807	)	$	(105,005	)
Denominator:
Basic and diluted weighted-average number of shares outstanding		300,000,000			300,000,000
Net loss per share:
Basic and diluted	$	(0.001	)	$	(0.0004	)

	For the Nine Months Ended March 31,
	2023			2022
Numerator:
Net loss attributable to common stockholders	$	(868,378	)	$	(7,327,879	)
Denominator:
Basic and diluted weighted-average number of shares outstanding		300,000,000			241,894,622
Net loss per share:
Basic and diluted	$	(0.003	)	$	(0.0303	)