| EARNINGS PER SHARE |
NOTE
4 – EARNINGS PER SHARE
Basic earnings
per share are computed based on the weighted average number of shares of common stock outstanding during the period. Diluted earnings
per share is computed based on the weighted average number of shares of common stock plus the effect of dilutive potential common shares
outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding stock options and
stock awards.
The components
of basic and diluted earnings per share were as follows:
SCHEDULE OF DILUTIVE POTENTIAL COMMON SHARES
| |
|
For the three months ended December 31, 2024 |
|
|
For the six months ended December 31, 2024 |
|
| |
|
Net Loss |
|
|
Shares |
|
|
Per Share |
|
|
Net Loss |
|
|
Shares |
|
|
Per Share |
|
| Basic loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(1,147,042 |
) |
|
|
11,484,298 |
|
|
$ |
(0.10 |
) |
|
$ |
(1,076,247 |
) |
|
|
11,456,996 |
|
|
$ |
(0.09 |
) |
| Effect of dilutive securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock options |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted loss per share |
|
$ |
(1,147,042 |
) |
|
|
11,484,298 |
|
|
$ |
(0.10 |
) |
|
$ |
(1,076,247 |
) |
|
|
11,456,996 |
|
|
$ |
(0.09 |
) |
| |
|
For the three months ended December 31, 2023 |
|
|
For the six months ended December 31, 2023 |
|
| |
|
Net Income |
|
|
Shares |
|
|
Per Share |
|
|
Net Income |
|
|
Shares |
|
|
Per Share |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic income per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net income |
|
$ |
408,316 |
|
|
|
11,372,819 |
|
|
$ |
0.04 |
|
|
$ |
439,206 |
|
|
|
11,359,338 |
|
|
$ |
0.04 |
|
| Effect of dilutive securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock options |
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted income per share |
|
$ |
408,316 |
|
|
|
11,372,819 |
|
|
$ |
0.04 |
|
|
$ |
439,206 |
|
|
|
11,359,338 |
|
|
$ |
0.04 |
|
|