Note I - Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Years Ended June 30,
	2023			2022
Numerator:
Net (Loss) Income	$	(50,245	)	$	(209,790	)
Adjustment for basic earnings per share:
Dividend requirements on preferred stock		(16,710	)		(16,710	)
Numerator for basic earnings per share-Net income available to common stockholders	$	(66,955	)	$	(226,500	)
Effect of dilutive securities:
Numerator for diluted earnings per share- Net income available to common stockholder	$	(66,955	)	$	(226,500	)
Denominator:
Denominator for basic earnings per share- Weighted-average common shares		8,087,388			8,087,388
Effect of dilutive securities: Stock options		0			0
Weighted-average Dilutive potential common shares		0			0
Denominator for dilutive earnings per share-Adjusted weighted-average shares and assumed conversions		8,087,388			8,087,388
Basic Net Income per share	$	(0.01	)	$	(0.03	)
Diluted Net Income per share	$	(0.01	)	$	(0.03	)