14. LOSS PER SHARE

Shares of common stock issuable under convertible preferred stock, warrants and options and shares subject to restricted stock grants were not included in the calculation of diluted earnings per common share for the years ended October 31, 2015 and 2014, as the effect of their inclusion would be anti-dilutive.

The table below provides total potential shares outstanding, including those that are anti-dilutive, on October 31:

	2015		2014
Shares issuable upon conversion of preferred stock		18,456,822		-
Shares issuable upon exercise of warrants		-		7,143
Shares issuable upon exercise of stock options		579,485		429,200
Non-vested shares under restricted stock grants		1,384,791		126,239