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Note 12 - Net Loss Per Share
12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Earnings Per Share [Text Block]
(
1
2
)
Net Loss per Share
 
Basic and diluted loss per share has been computed based on net loss and the weighted-average number of common shares outstanding during the applicable period. For diluted net loss per share, common stock equivalents (shares of common stock issuable upon the exercise of stock options and warrants) are excluded from the calculation of diluted net loss per share as their inclusion would be anti-dilutive. The Company has excluded all options to purchase common stock in periods indicating a loss, as their effect is anti-dilutive.
 
The following table sets forth the computation of historical basic and diluted net loss per share
:
 
 
   
Fiscal
Year Ended
June 30,
 
   
201
7
   
201
6
 
                 
Net loss (in millions)
  $
(29.4
)   $
(25.4
)
Weighted average shares outstanding
   
38,644,395
     
38,635,452
 
Shares used to compute diluted earnings per share
   
38,644,395
     
38,635,452
 
Basic loss per share
  $
(0.76
)   $
(0.66
)
Diluted loss per share
  $
(0.76
)   $
(0.66
)
Number of antidilutive stock options excluded from computation
   
7,566,642
     
4,751,423