| LOSS PER SHARE |
10.
LOSS PER SHARE
Basic
earnings (loss) per share is computed by dividing income (loss) available to common stockholders less the current period preferred
stock dividend by the weighted average common shares outstanding during the period. Diluted earnings (loss) per share takes into
account the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised and converted
into Common Stock
A
summary of the net income (loss) and shares used to compute net income (loss) per share for the three and six months ended March
31, 2019 and 2018 is as follows:
| |
|
Three
Months Ended March 31, |
|
|
Six
Months Ended March 31, |
|
| |
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
| Net
loss for computation of basic and diluted net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net
Loss attributable to MYnd Analytics, Inc. |
|
$ |
(2,258,600 |
) |
|
$ |
(2,587,300 |
) |
|
$ |
(4,636,100 |
) |
|
$ |
(5,356,700 |
) |
| Preferred
stock dividends |
|
|
(24,600 |
) |
|
|
— |
|
|
|
(49,200 |
) |
|
|
— |
|
| |
|
$ |
(2,283,200 |
) |
|
$ |
(2,587,300 |
) |
|
$ |
(4,685,300 |
) |
|
$ |
(5,356,700 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic
and diluted net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic
and diluted net loss per share |
|
$ |
(0.27 |
) |
|
$ |
(0.59 |
) |
|
$ |
(0.59 |
) |
|
$ |
(1.23 |
) |
| Basic
and diluted weighted average shares outstanding |
|
|
8,399,443 |
|
|
|
4,362,564 |
|
|
|
7,964,021 |
|
|
|
4,347,745 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Anti-dilutive
common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants |
|
|
6,075,319 |
|
|
|
5,617,481 |
|
|
|
6,075,319 |
|
|
|
5,617,481 |
|
| Restricted
common stock |
|
|
13,095 |
|
|
|
42,416 |
|
|
|
13,095 |
|
|
|
42,416 |
|
| Options |
|
|
1,629,935 |
|
|
|
554,059 |
|
|
|
1,629,935 |
|
|
|
554,059 |
|
| Total |
|
|
7,718,349 |
|
|
|
6,213,956 |
|
|
|
7,718,349 |
|
|
|
6,213,956 |
|
|