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Loss Per Common Share | 12 Months Ended
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Mar. 31, 2019
Loss per common share: |
Loss Per Common Share | 10. Loss Per Common Share Due to a net loss for the years ended March 31, 2019 and 2018, the weighted average number of common shares outstanding excludes common stock equivalents because their inclusion would be anti-dilutive. The following is a reconciliation of the number of shares used in the calculation of basic income per share and diluted income per share for the years ended March 31:
|  | 2019 |  |  | 2018 |
Net loss |  | $ | (12,946 | ) |  | $ | (321,489 | )
Shares outstanding: |  |  |  |  |  |  |  |
Weighted avg. common shares outstanding – basic |  |  | 2,039,412 |  |  |  | 2,037,266 |
Effect of the assumed exercise of dilutive stock options |  |  | - |  |  |  | - |
Weighted avg. common shares outstanding – dilutive |  |  | 2,039,412 |  |  |  | 2,037,266 |
Loss per common share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.01 | ) |  | $ | (0.16 | )
Diluted |  | $ | (0.01 | ) |  | $ | (0.16 | )

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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