Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE INFORMATION

v2.4.0.8
EARNINGS PER SHARE INFORMATION
 6 Months Ended
Jun. 30, 2013
EARNINGS PER SHARE INFORMATION  
EARNINGS PER SHARE INFORMATION

NOTE 2 – LOSS PER SHARE INFORMATION

 

 

 

 

 

 

For The Three Months

 

For The Six Months

 

 

 

 

 

Ended June 30,

 

Ended June 30,

 

 

 

 

 

2013

 

2012

 

2013

 

2012

Net Loss

 

 

$

 (890,393)

$

(541,377)

$

(1,855,673)

$

(1,171,651)

Basic Weighted-Average Shares Outstanding

 

14,350,284

 

3,584,611

 

14,290,060

 

3,512,306

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Stock options

 

 

 

-

 

-

 

-

 

-

Diluted Weighted-Average Shares Outstanding

 

14,350,284

 

3,584,611

 

14,290,060

 

3,512,306

Basic Loss per Share

$

 (0.06)

$

 (0.15)

$

 (0.13)

$

 (0.33)

Diluted Loss per Share

 

$

 (0.06)

$

 (0.15)

$

 (0.13)

$

 (0.33)

 

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 six months ended June 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 six months ended June 30, 2012 as their effect would have been anti-dilutive.