Net Loss Per Common Share

6 Months Ended

Jun. 30, 2021

Net Loss Per Common Share

Note C - Net Loss Per Common Share

Note C – Net Loss Per Common Share

Basic net loss per common share is calculated by dividing the net loss by the weighted average number of outstanding common shares during the period. Diluted net loss per common share includes the weighted average dilutive effect of stock options and warrants. Potential common shares outstanding as of June 30, 2021 and 2020:

	June 30, 2021		June 30, 2020
Warrants		0		0
Options		1,987,000		2,192,000
		1,987,000		2,192,000

The number of securities not included in the diluted net loss per share for the three and six months ended June 30, 2021 and June 30, 2020 was 1,987,000 and 2,192,000, respectively, as their effect would have been anti-dilutive due to the net loss in both of the three and six month periods.