| 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 and nine months
ended June 30, 2016 and 2015are as follows:
| |
|
Three months ended
June
30, |
|
| |
|
2016 |
|
|
2015 |
|
| Net Loss for computation of basic and diluted
net loss per share: |
|
|
|
|
|
|
| Net
loss |
|
$ |
(1,354,400 |
) |
|
$ |
(536,800 |
) |
| Basic and Diluted net
loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per
share |
|
$ |
(0.01 |
) |
|
$ |
(0.01 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
107,160,957 |
|
|
|
101,667,409 |
|
| |
|
|
|
|
|
|
|
|
| The weighted average
of anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
98,723,522 |
|
|
|
- |
|
| Warrants |
|
|
98,146,529 |
|
|
|
1,100,794 |
|
| Options |
|
|
15,788,344 |
|
|
|
11,992,499 |
|
| |
|
Nine
months ended
June 30, |
|
| |
|
2016 |
|
|
2015 |
|
| Net Loss for computation of basic and diluted
net loss per share: |
|
|
|
|
|
|
| Net
loss |
|
$ |
(4,948,400 |
) |
|
$ |
(2,107,600 |
) |
| Basic and Diluted net
loss per share: |
|
|
|
|
|
|
|
|
| Basic net loss per
share |
|
$ |
(0.05 |
) |
|
$ |
(0.02 |
) |
| |
|
|
|
|
|
|
|
|
| Basic and Diluted weighted average shares outstanding |
|
|
104,082,463 |
|
|
|
101,667,409 |
|
| |
|
|
|
|
|
|
|
|
| The weighted average
of anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
81,730,539 |
|
|
|
1,854,618 |
|
| Warrants |
|
|
61,953,674 |
|
|
|
841,192 |
|
| Options |
|
|
14,749,455 |
|
|
|
12,563,059 |
|
|