Note 7 - Earnings Per Share

12 Months Ended

Sep. 30, 2017

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

7

.     EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net

loss per share: 

	Year Ended September 30,
	2017			2016
Net loss attributable to common stockholders	$	(2,771,894	)	$	(2,210,764	)
Basic weighted average outstanding shares of common stock		19,007,371			17,031,000
Dilutive effects of common share equivalents		-			-
Dilutive weighted average outstanding shares of common stock		19,007,371			17,031,000
Basic and diluted net loss per share of common stock	$	(0.15	)	$	(0.13	)

As of

September 30, 2017,

w

e have excluded

1,305,000

of stock options and

10,166,000

of warrants from the computation of diluted net loss per share since the effects are anti-dilutive. As of

September 30, 2016,

we have excluded

1,205,000

of stock options and

4,341,000

of warrants from the computation of diluted net loss per share since the effects are anti-dilutive.