Schedule of Earnings (Loss) Per Common Share, Basic and Diluted |
The following table presents the computation of basic and diluted net earnings loss per common share: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended December 31, | (In thousands, except share and per share amounts) | | 2022 | | 2021 | | 2022 | | 2021 | Undistributed net loss available to common stockholders | | $ | (13,608) | | | $ | (5,334) | | | $ | (20,982) | | | $ | (7,830) | | Undistributed net loss available to nonvested restricted stockholders and holders of convertible preferred stock | | — | | | (234) | | | — | | | (309) | | Net loss available to common stockholders - basic | | $ | (13,608) | | | $ | (5,568) | | | $ | (20,982) | | | $ | (8,139) | | | | | | | | | | | Weighted average common shares outstanding - basic | | 18,723,957 | | | 18,106,151 | | | 19,243,707 | | | 18,034,658 | | Effect of dilutive securities: | | | | | | | | | Shares issuable under stock options | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | Weighted average common shares outstanding - diluted | | 18,723,957 | | | 18,106,151 | | | 19,243,707 | | | 18,034,658 | | Net loss available to common stockholders per common share—basic | | $ | (0.73) | | | $ | (0.31) | | | $ | (1.09) | | | $ | (0.45) | | Net loss available to common stockholders per common share—diluted | | $ | (0.73) | | | $ | (0.31) | | | $ | (1.09) | | | $ | (0.45) | |
The following table summarizes weighted average anti-dilutive securities excluded from the computation of diluted net loss per common share for the periods indicated: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended December 31, | | Six Months Ended December 31, | | | 2022 | | 2021 | | 2022 | | 2021 | Shares issuable under stock options | | 410,907 | | | 481,429 | | | 410,907 | | | 487,088 | | Shares issuable under convertible preferred stock | | — | | | 444,849 | | | — | | | 444,849 | | Shares issuable under PBRSUs | | 501,141 | | | 498,210 | | | 469,297 | | | 437,211 | |
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