XML 46 R35.htm IDEA: XBRL DOCUMENT v3.3.1.900
1. Organization and Summary of Significant Accounting Policies: Income (Loss) Per Common Share (Policies)
12 Months Ended
Dec. 31, 2015
Policies  
Income (Loss) Per Common Share

Income (Loss) Per Common Share

 

Basic income (loss) per share is computed by dividing the net income (loss) attributable to common stockholders for the period by the weighted average number of common shares outstanding during the period.  Diluted net income (loss) per share is computed based on the weighted average number of common shares and potentially dilutive common shares outstanding. The calculation of diluted net income (loss) per share excludes potential common shares if the effect would be anti-dilutive. Potential common shares consist of incremental common shares issuable upon the exercise of warrants and shares issuable upon the conversion of preferred stock.

 

The following table details the calculation of the weighted average number of common shares and dilutive common shares used in diluted income (loss) per share as of December 31:

 

 

2015

 

2014

 

 

 

 

Weighted Average Number of Common Shares Used in Basic Income (Loss) Per Share

21,996,909   

 

19,456,590   

 

 

 

 

Effect of Dilutive Securities:

 

 

 

  Common Stock Warrants

-         

 

2,188,303   

  Convertible Preferred Stock

-         

 

357,143   

 

 

 

 

Weighted Average Number of Common Shares and Dilutive Potential Common Shares Used in Diluted Income (Loss) Per Share

21,996,909   

 

22,002,036   

 

 

 

 

Anti-Dilutive Equity Awards Excluded from Effect Dilutive Securities

-   

 

176,788