Quarterly report [Sections 13 or 15(d)]

NET LOSS PER SHARE

v3.26.1
NET LOSS PER SHARE
9 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 9 – NET LOSS PER SHARE

 

Basic net income (loss) per common share is calculated by dividing net income (loss) by the weighted average number of common shares outstanding during the period.

 

For the three and nine months ended March 31, 2026 and 2025, diluted net loss per common share is the same as basic net loss per common share as the inclusion of potentially dilutive securities would have been anti-dilutive. Potentially dilutive securities excluded from the calculation of diluted weighted-average common shares outstanding were as follows:

 

    2026     2025     2026      2025  
    Three months ended March 31,     Nine months ended March 31,  
    2026     2025     2026      2025  
Stock options     966,424       1,217,525       998,679       1,411,711  
RSUs(1)     514,878       -       479,253       76,754  
Common Stock Warrants convertible to common stock     2,496,198       1,413,110       2,159,256       1,413,110  
Preferred Stock Warrants convertible to common stock     2,429,523       -       1,755,641       -  
Total potentially dilutive securities     6,407,023       2,630,635       5,392,829       2,698,863  

 

 

(1) RSUs presented include performance stock units with goals that management determined are not probable to be achieved.