XML 45 R27.htm IDEA: XBRL DOCUMENT v3.20.1

7. EARNINGS PER SHARE (Tables)

6 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of earnings per share

Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method.

		For the Three Months Ended								For the Six Months Ended
		March 31,								March 31,
		2020				2019				2020				2019
Numerator:
Net loss		$	(1,371,614	)		$	(1,130,905	)		$	(1,453,271	)		$	(1,661,432	)
Denominator:
Weighted average shares outstanding - basic			9,533,851				9,532,645				9,533,851				9,530,207
Effects of dilutive securities:
Assumed exercise of stock options, treasury stock method			–				–				–				–
Assumed vesting of restricted stock, treasury stock method			–				–				–				–
Weighted average dilutive potential common shares			–				–				–				–
Weighted average shares outstanding - diluted			9,533,851				9,532,645				9,533,851				9,530,207
Basic loss per share		$	(0.14	)		$	(0.12	)		$	(0.15	)		$	(0.17	)
Diluted loss per share		$	(0.14	)		$	(0.12	)		$	(0.15	)		$	(0.17	)

Schedule of antidilutive securities

The following securities were excluded from the calculation of diluted earnings per share because their inclusion would have been anti-dilutive:

		As of March 31,
		2020				2019
Options			1,004,397				815,547
Warrants			151,335				151,335
Total potentially dilutive shares			1,155,732				966,882

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration