Schedule of Earnings Per Share, Basic and Diluted [Table Text Block] |
A summary of the net income (loss) and shares used to compute net income (loss) per share for the years ended September 30, 2012 and 2011 is as follows:
|
|
2012 |
|
|
2011 |
|
Net Loss for computation of basic net loss per share: |
|
|
|
|
|
|
|
|
From continuing operations |
|
$ |
(2,916,300 |
) |
|
$ |
(8,328,400 |
) |
From discontinued operations |
|
$ |
(490,500 |
) |
|
$ |
(538,200 |
) |
Net loss |
|
$ |
(3,406,800 |
) |
|
$ |
(8,866,600 |
) |
Basic net loss per share: |
|
|
|
|
|
|
|
|
From continuing operations |
|
$ |
(1.55 |
) |
|
$ |
(4.45 |
) |
From discontinued operations |
|
$ |
(0.26 |
) |
|
$ |
(0.29 |
) |
Basic net loss per share |
|
$ |
(1.81 |
) |
|
$ |
(4.74 |
) |
Net Loss for computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
From continuing operations |
|
$ |
(2,916,300 |
) |
|
$ |
(8,328,400 |
) |
From discontinued operations |
|
$ |
(490,500 |
) |
|
$ |
(538,200 |
) |
Net loss |
|
$ |
(3,406,800 |
) |
|
$ |
(8,866,600 |
) |
Diluted net loss per share: |
|
|
|
|
|
|
|
|
From continuing operations |
|
$ |
(1.55 |
) |
|
$ |
(4.45 |
) |
From discontinued operations |
|
$ |
(0.26 |
) |
|
$ |
(0.29 |
) |
Basic net loss per share |
|
$ |
(1.81 |
) |
|
$ |
(4.74 |
) |
|
|
|
|
|
|
|
|
|
Basic weighted average shares outstanding |
|
|
1,887,508 |
|
|
|
1,869,038 |
|
Dilutive common equivalent shares |
|
|
- |
|
|
|
- |
|
Diluted weighted average common shares |
|
|
1,887,508 |
|
|
|
1,869,038 |
|
|
|
|
|
|
|
|
|
|
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
Convertible debt |
|
|
2,289,131 |
|
|
|
474,139 |
|
Warrants |
|
|
1,972,998 |
|
|
|
908,033 |
|
Options |
|
|
548,123 |
|
|
|
521,470 |
|