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 three months ended December 31, 2014 and 2013 is as follows:
| | Three months ended | | | | December 31, | | | | 2014 | | 2013 | | Net income (loss) for computation of basic net loss per share: | | | | | | | | From continuing operations | | $ | (873,700) | | $ | 138,700 | | From discontinued operations | | $ | (900) | | $ | (3,600) | | Net income (loss) | | $ | (874,600) | | $ | 135,100 | | Basic net income (loss) per share: | | | | | | | | From continuing operations | | $ | (0.01) | | $ | 0.00 | | From discontinued operations | | $ | (0.00) | | $ | (0.00) | | Basic net income (loss) per share | | $ | (0.01) | | $ | 0.00 | | Net income (loss) for computation of dilutive net loss per share: | | | | | | | | From continuing operations | | $ | (873,700) | | $ | 138,700 | | From discontinued operations | | $ | (900) | | $ | (3,600) | | Net income (loss) | | $ | (874,600) | | $ | 135,100 | | Diluted net income (loss) per share: | | | | | | | | From continuing operations | | $ | (0.01) | | $ | 0.00 | | From discontinued operations | | $ | (0.00) | | $ | (0.00) | | Basic net income (loss) per share | | $ | (0.01) | | $ | 0.00 | | | | | | | | | | Basic weighted average shares outstanding | | | 101,667,409 | | | 95,047,482 | | Dilutive common equivalent shares | | | - | | | 12,800,483 | | Diluted weighted average common shares | | | 101,667,409 | | | 107,847,965 | | | | | | | | | | Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: | | | | | | | | Convertible debt | | | 1,650,000 | | | - | | Warrants | | | 939,404 | | | - | | Options | | | 12,417,499 | | | - | |
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