Three months ended

Six months ended

December 31,

($ in thousands, except per share data)

2015

2014

2015

2014

Numerator for basic earnings per share - Net loss available to common shareholders

$

(874

)

$

(261

)

$

(846

)

$

(654

)

Gain recorded for reduction in fair value of warrants*

-

Numerator for diluted earnings per share - Net loss available to common shareholders

$

(874

)

$

(261

)

$

(846

)

$

(654

)

Denominator for basic earnings per share - Weighted average shares outstanding

35,828,776

35,657,519

35,808,488

35,625,199

Effect of dilutive potential common shares*

-

Denominator for diluted earnings per share - Adjusted weighted average shares outstanding

35,828,776

35,657,519

35,808,488

35,625,199

Basic and diluted loss per share

$

(0.02

)

$

(0.01

)

$

(0.02

)

$

(0.02

)