| 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 nine-month periods
ended June 30, 2017 and 2016 is as follows:
| |
|
Three months ended
June
30, |
|
| |
|
2017 |
|
|
2016 |
|
| Net Loss for computation of basic and diluted
net loss per share: |
|
|
|
|
|
|
| Net
loss |
|
$ |
(1,572,400 |
) |
|
$ |
(1,354,400 |
) |
| Basic and Diluted net
loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per share |
|
$ |
(0.62 |
) |
|
$ |
(2.53 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
2,535,394 |
|
|
|
535,805 |
|
| |
|
|
|
|
|
|
|
|
| Anti-dilutive common
equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
- |
|
|
|
493,618 |
|
| Warrants |
|
|
6,895 |
|
|
|
490,733 |
|
| Options |
|
|
353,145 |
|
|
|
78,944 |
|
| |
|
Nine months ended
June
30, |
|
| |
|
2017 |
|
|
2016 |
|
| Net Loss for computation of basic and diluted
net loss per share: |
|
|
|
|
|
|
| Net
loss |
|
$ |
(4,464,600 |
) |
|
$ |
(4,948,400 |
) |
| Basic and Diluted net
loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per share |
|
$ |
(1.91 |
) |
|
$ |
(9.50 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
2,336,283 |
|
|
|
520,412 |
|
| |
|
|
|
|
|
|
|
|
| Anti-dilutive common
equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
- |
|
|
|
408,653 |
|
| Warrants |
|
|
7,027 |
|
|
|
309,768 |
|
| Options |
|
|
337,559 |
|
|
|
73,747 |
|
|