Note 7 - Earnings Per Share

12 Months Ended

Sep. 30, 2021

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,
	2021			2020
Net (loss) income attributable to common stockholders	$	(862,893	)	$	(709,343	)
Basic weighted average outstanding shares of common stock		23,867,543			23,504,820
Dilutive effects of common share equivalents		-			-
Dilutive weighted average outstanding shares of common stock		23,867,543			23,504,820
Basic and diluted net (loss) income per share of common stock	$	(0.04	)	$	(0.03	)

As of September 30, 2021, we have excluded 1,700,000 of stock options and 7,666,650 of warrants and 100,000 shares that would be issued from conversion of outstanding convertible notes from the computation of diluted net loss per share since the effects are anti-dilutive. As of September 30, 2020, we have excluded 1,850,000 of stock options 9,638,650 of warrants and 100,000 shares that would be issued from the conversion of outstanding convertible notes from the computation of diluted net loss per share since the effects are anti-dilutive.