Net Loss Per Common Share (Tables)

6 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

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