General form of registration statement for all companies including face-amount certificate companies

EARNINGS PER SHARE INFORMATION

v2.4.0.8
EARNINGS PER SHARE INFORMATION
9 Months Ended 12 Months Ended
Sep. 30, 2013
Dec. 31, 2012
EARNINGS PER SHARE INFORMATION    
EARNINGS PER SHARE INFORMATION  

NOTE 2 – EARNINGS PER SHARE INFORMATION

 

 

 

 

 

Successor

 

 

Predecessor

 

 

 

 

For the

 

For the Eight

 

 

For the Four

 

 

 

 

Year ended

 

Months ended

 

 

Months ended

 

 

 

 

December 31,

 

December 31,

 

 

April 30,

 

 

 

 

2012

 

2011

 

 

2011

Net income

 

 

$

(1,669,283)

 

$

63,165

 

 

$

8,322

Basic and diluted weighted-average common shares outstanding

 

 

8,073,176

 

 

6,077,959

 

 

 

6,250,000

Basic and diluted earnings per share

 

$

(0.21)

 

$

0.01

 

 

$

0.00

 

Stock options to purchase 1,125,000 and 1,125,000 shares of common stock were excluded from the computation of diluted earnings (loss) per share during the year ended December 31, 2012 and 2011, respectively, as their effect would have been anti-dilutive. 

LOSS PER SHARE INFORMATION

NOTE 2 – LOSS PER SHARE INFORMATION

 

 

 

 

 

 

For The Three Months

 

For The Nine Months

 

 

 

 

 

Ended September 30,

 

Ended September 30,

 

 

 

 

 

2013

 

2012

 

2013

 

2012

Net Loss

 

 

$

(131,493)

$

(631,453)

$

(1,987,166)

$

(1,803,104)

Basic Weighted-Average Shares Outstanding

 

17,801,313

 

11,433,730

 

15,473,339

 

6,172,504

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

-

 

-

 

-

 

-

Diluted Weighted-Average Shares Outstanding

 

17,801,313

 

11,433,730

 

15,473,339

 

6,172,504

Basic Loss per Share

$

(0.01)

$

(0.06)

$

(0.13)

$

(0.29)

Diluted Loss per Share

 

$

(0.01)

$

(0.06)

$

(0.13)

$

(0.29)

 

Stock options to purchase 2,562,500 shares of common stock were excluded from the computation of diluted loss per share during the three and nine months ended September 30, 2013 as their effect would have been anti-dilutive.  Stock options to purchase 1,125,000 shares of common stock were excluded from the computation of diluted loss per share during the three and nine months ended September 30, 2012 as their effect would have been anti-dilutive.