Quarterly report pursuant to Section 13 or 15(d)

LOSS PER SHARE

v3.10.0.1
LOSS PER SHARE
9 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
LOSS PER SHARE
10. LOSS PER SHARE

 

In accordance with ASC 260-10, basic net income (loss) per share is computed by dividing the net income (loss) to common stockholders for the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common and dilutive common equivalent shares outstanding during the period. For the three and nine months ended June 30, 2018 and 2017, the Company has excluded all common equivalent shares from the calculation of diluted net loss per share as such securities are anti-dilutive.

 

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, 2018 and 2017 is as follows:

 

    Three Months Ended June 30,     Nine Months Ended June 30,
                         
    2018     2017     2018     2017  
Net loss for computation of basic and diluted net loss per share:                                
Net Loss attributable to MYnd Analytics, Inc.   $ (2,605,000 )   $ (1,572,400 )   $ (7,961,700 )   $ (4,464,600 )
Basic and diluted net loss per share:                                
Basic and diluted net loss per share   $ (0.46 )   $ (0.62 )   $ (1.66 )   $ (1.91 )
Basic and diluted weighted average shares outstanding     5,698,523       2,535,394       4,793,273       2,336,283  
                                 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                                
Warrants     5,616,721       6,895       5,616,721       7,027  
Restricted common stock     406,564             406,564        
Options     887,998       353,145       887,998       337,559  
Total     6,911,283       360,040       6,911,283       344,586