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BASIC AND DILUTED NET LOSS PER COMMON SHARE
6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
NOTE 4 - BASIC AND DILUTED NET LOSS PER COMMON SHARE

Basic loss per common share is computed by dividing the net loss by the weighted-average number of shares of common stock outstanding. Diluted loss per share is computed by dividing the net loss by the sum of the weighted-average number of shares of common stock outstanding plus the dilutive effect of shares issuable through the exercise of common stock equivalents.

 

We have excluded 43,471,000 and 40,477,000 common stock equivalents (preferred stock, warrants and stock options) from the calculation of diluted loss per share for the six months ended June 30, 2018 and 2017 respectively, which, if included, would have an antidilutive effect.