Note 14 - Loss Per Common Share

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

1

4

.

Loss

Per Common Share

Basic earnings per share (“EPS”) is computed by dividing earnings (loss) attributable to common shareholders by the weighted average number of common shares outstanding for the applicable period. Diluted EPS reflects the potential dilution of securities that could share in the earnings.

Options to purchase

20,303,333

shares of common stock, at prices ranging from

$0.07

to

$0.38

per share, were outstanding at

September 30, 2019,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase

10,066,809

shares of common stock, with a price of

$0.07

per share, outstanding at

September 30, 2019,

were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.

Options to purchase

33,359,068

shares of common stock, at prices ranging from

$0.07

to

$0.47

per share, were outstanding at

September 30, 2018,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase

10,066,809

shares of common stock, with a price of

$0.07

per share, outstanding at

September 30, 2018,

were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.