Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.24.0.1
Loss Per Share
6 Months Ended
Dec. 31, 2023
Loss Per Share [Abstract]  
Loss Per Share

Note 16. Loss Per Share

 

Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is determined using the weighted-average number of common shares outstanding during the period, adjusted for the dilutive effect of common stock equivalents. In periods when losses are reported, which is the case for the three and six months ended December 31, 2023 and December 31, 2022 presented in these condensed consolidated financial statements, the weighted-average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive.

 

The Company had the following common stock equivalents at December 31, 2023 and 2022:

 

    December 31,
2023
    December 31,
2022
 
Convertible Notes     9,341,825       9,341,825  
Options     3,214,687       3,217,400  
Warrants    
      41,103  
Total     12,556,512       12,600,328