Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.19.1
NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
 
6. NET LOSS PER SHARE
 
Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share for the three months ended March 31, 2019 is computed by dividing net income/(loss) by the sum of the weighted average number of shares of common stock and the dilutive potential common stock equivalents then outstanding. Potential common stock equivalents consist of stock options, non-vested restricted stock, preferred shares convertible into common stock and warrants. Since there is a net loss attributable to common stockholders for the three months ended March 31, 2019, the inclusion of common stock equivalents in the computation for that period would be antidilutive.
 
 
The following potentially dilutive securities have been excluded from the computation of diluted net income (loss) per share since their inclusion would be antidilutive:
 
 
 
Three Months Ended

March 31,
 
 
 
2019
 
 
2018
 
Warrants
 
 
5,318,747
 
 
 
1,178,747
 
Preferred shares as convertible into common stock
 
 
837,500
 
 
 
61,594
 
Stock options
 
 
198,784
 
 
 
50,939
 
Non-vested restricted stock
 
 
9,334
 
 
 
28,666
 
Total potentially dilutive shares
 
 
6,364,365
 
 
 
1,319,946