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Loss Per Common Share
9 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Loss Per Common Share

NOTE 3 – LOSS PER COMMON SHARE

Basic income/(loss) per common share is computed as income/(loss) applicable to common stockholders divided by the weighted-average number of common shares outstanding for the period. Diluted income/(loss) per common share reflects the potential dilution that could occur if securities or other contracts to issue common shares were exercised or converted to common stock.

 

The following table represents common stock equivalents that were excluded from the computation of diluted loss per share for the three and nine months ended June 30, 2019 and 2018, because the effect of their inclusion would be anti-dilutive.

 

   For the three and nine months ended 
   June 30, 
   (unaudited) 
   2019   2018 
Options   79,111    79,687 
Warrants   433,965    433,965 
    513,076    513,652