| Schedule of earnings per share |
A summary of the net
income (loss) and shares used to compute net income (loss) per share for the three-month and six-month periods ended March 31,
2017 and 2016 is as follows:
| |
|
Three months ended
March 31, |
|
| |
|
2017 |
|
|
2016 |
|
| Net Loss for computation of basic and diluted net loss per share: |
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(1,452,000 |
) |
|
$ |
(142,700 |
) |
| Basic and Diluted net loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per share |
|
$ |
(0.61 |
) |
|
$ |
(0.28 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
2,372,394 |
|
|
|
513,345 |
|
| |
|
|
|
|
|
|
|
|
| Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
- |
|
|
|
416,358 |
|
| Warrants |
|
|
7,032 |
|
|
|
404,694 |
|
| Options |
|
|
334,428 |
|
|
|
71,150 |
|
| |
|
Six months ended
March 31, |
|
| |
|
2017 |
|
|
2016 |
|
| Net Loss for computation of basic and diluted net loss per share: |
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(2,892,200 |
) |
|
$ |
(3,594,000 |
) |
| Basic and Diluted net loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per share |
|
$ |
(1.29 |
) |
|
$ |
(7.01 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
2,236,728 |
|
|
|
512,716 |
|
| |
|
|
|
|
|
|
|
|
| Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
- |
|
|
|
366,170 |
|
| Warrants |
|
|
7,093 |
|
|
|
219,461 |
|
| Options |
|
|
329,766 |
|
|
|
71,150 |
|
A
summary of the net income (loss) and shares used to compute net income (loss) per share for the fiscal years ended September 30,
2016 and 2015 is as follows:
| |
|
2016 |
|
|
2015 |
|
| Net Loss for computation
of basic and diluted net loss per share: |
|
|
|
|
|
|
|
|
| Net
loss |
|
$ |
(5,940,900 |
) |
|
$ |
(3,379,400 |
) |
| Basic and Diluted net
loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per
share |
|
$ |
(9.26 |
) |
|
$ |
(6.64 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
641,844 |
|
|
|
509,066 |
|
| |
|
|
|
|
|
|
|
|
| Anti-dilutive common
equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
1,441,344 |
|
|
|
50,348 |
|
| Warrants |
|
|
3,484 |
|
|
|
4,132 |
|
| Options |
|
|
74,588 |
|
|
|
63,634 |
|
|