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7. Earnings per Share
9 Months Ended
Sep. 30, 2019
Notes  
7. Earnings per Share

7.             Earnings per Share

 

Net income (loss) per share is computed by dividing the net amount excluding net income (loss) attributable to a non-controlling interest by the weighted average number of common shares outstanding during the year. Diluted net income (loss) per share reflects the potential dilution that could occur from common shares issuable through stock options, warrants, and other convertible securities. Such common stock equivalents are included or excluded from the calculation of diluted net income (loss) per share for each period as follows:

 

 

September 30, 2019

September 30, 2018

 

Three Months

Nine Months

Three Months

Nine Months

Included in diluted net income (loss) per share

 

 

 

 

 

 

 

 

    Stock options

 

8,142,000

 

-

 

-

 

7,054,500

    Stock purchase warrants

 

-

 

-

 

-

 

1,200,000

 

 

8,142,000

 

-

 

-

 

8,254,500

Excluded in diluted net income (loss) per share as inclusion would have an antidilutive effect:

 

 

 

 

 

 

 

 

    Stock options

 

262,500

 

8,404,500

 

7,054,500

 

-

    Stock purchase warrants

 

12,900,123

 

12,900,123

 

13,725,123

 

12,525,123

 

 

13,162,623

 

21,304,623

 

20,779,623

 

12,525,123