Note 6 - Net Income (Loss) Per Share (June 2020 Note)

6 Months Ended

Jun. 30, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

6.

     Net Income (Loss) Per Share

Basic net income (loss) per share is computed by dividing net income attributable to common stockholders for the period by the weighted average number of common shares outstanding for the period. Diluted net income (loss) per share is computed by dividing the net income (loss) attributable to common stockholders by the weighted average number of common shares and dilutive common stock equivalents outstanding for the period. Our common stock equivalents include all common stock issuable upon conversion of preferred stock and the exercise of outstanding options. The aggregate number of common stock equivalents excluded from the diluted income (loss) per share calculation for the

three

month periods ended

June 30, 2020

and

2019

are

1,942,990

and

12,132,

respectively. The aggregate number of common stock equivalents excluded from the diluted income (loss) per share calculation for the

six

month periods ended

June 30, 2020

and

2019

are

1,909,289

and

6,066,

respectively. Since the Company is in a net loss position for the

three

and

six

month periods ending

June 30, 2020,

basic and dilutive net loss per share are the same.