Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

v3.19.2
Loss Per Share
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
LOSS PER SHARE

9. 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 nine months ended June 30, 2019 and 2018 is as follows:

 

    Three Months Ended
June 30,
    Nine Months Ended
June 30,
 
    2019      2018     2019      2018  
Net loss for computation of basic and diluted net loss per share:                        
Net Loss attributable to MYnd Analytics, Inc.
  $ (2,121,700 )   $ (2,605,000 )   $ (6,757,800 )   $ (7,961,700 )
Preferred stock dividends     (24,600 )           (73,800 )      
    $ (2,146,300 )   $ (2,605,000 )   $ (6,831,600 )   $ (7,961,700 )
                                 
Basic and diluted net loss per share:                                
Basic and diluted net loss per share   $ (0.20 )   $ (0.46 )   $ (0.76 )   $ (1.66 )
Basic and diluted weighted average shares outstanding     10,722,152       5,698,523       8,880,214       4,793,273  
                                 
Anti-dilutive common equivalent shares not included in the computation of dilutive net loss per share:                                
Warrants     6,269,673       5,616,721       6,269,673       5,616,721  
Options     1,792,164       887,998       1,792,164       887,998  
Total     8,061,837       6,504,719       8,061,837       6,504,719