EARNINGS (LOSS) PER SHARE

6 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

NOTE 7 – EARNINGS (LOSS) PER SHARE

For the three and six months ended December 31, 2022 and 2021, we were in a net loss position and have excluded 650,001 and 863,001 stock options from the calculation of diluted net loss per share, respectively, because these securities are anti-dilutive.

The weighted average number of shares outstanding used to compute earnings per share is as follows:

	Three Months ended December 31,						Six Months Ended December 31,
	2022			2021			2022			2021
Net loss attributable to Parent Company	$	(378,324	)	$	(1,185,597	)	$	(1,505,315	)	$	(2,289,202	)
Weighted-average shares of common stock outstanding:
Basic shares outstanding		11,695,150			11,594,280			11,689,715			11,593,650
Dilutive effect of common stock equivalents arising from stock options		–			–			–			–
Diluted shares outstanding		11,695,150			11,594,280			11,689,715			11,593,650
Basic loss per share	$	(0.03	)	$	(0.10	)	$	(0.13	)	$	(0.20	)
Diluted loss per share	$	(0.03	)	$	(0.10	)	$	(0.13	)	$	(0.20	)