Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.23.1
Loss Per Share
 9 Months Ended
Mar. 31, 2023
Schedule of Common Stock Equivalents [Abstract]  
Loss Per Share

Note 17. 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 nine months ended March 31, 2023 and March 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 March 31, 2023 and 2022:

 

    March 31,
2023		     March 31,
2022		  
Convertible Notes     9,341,825      
—
  
Options     3,232,112       2,996,264  
Warrants     41,103       78,555  
Total     12,615,040       3,074,819