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NET (LOSS) INCOME PER SHARE
 3 Months Ended
Mar. 31, 2018
NET (LOSS) INCOME PER SHARE  
NET (LOSS) INCOME PER SHARE

NOTE 10   NET (LOSS) INCOME PER SHARE

 

Basic net (loss) income per share is computed by dividing the net (loss) income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted net income per share is computed similarly except that the weighted average number of common shares is increased to reflect all dilutive instruments.

 

Below is a reconciliation of the basic and diluted weighted average number of common shares outstanding and the computations for basic and diluted net loss per share for the three months ended March 31, 2018 and 2017:

 

 

 

 

 

 

 

 

 

 

Three months ended, March 31

 

 

2018

    

2017

 

    

 

 

 

 

 

Net loss

 

$

(5,211)

 

$

(3,018)

 

 

 

 

 

 

 

Weighted average common shares outstanding:

 

 

337,062

 

 

299,575

Diluted shares outstanding:

 

 

337,062

 

 

299,575

 

 

 

 

 

 

 

Net loss per share:

 

 

 

 

 

 

Basic

 

$

(0.02)

 

$

(0.01)

Diluted

 

$

(0.02)

 

$

(0.01)

 

For the three month periods ended March 31, 2018 and 2017, as the Company was in a loss position, all potentially dilutive instruments were anti-dilutive and therefore not included in the calculation of diluted net loss per share.