| Note 11 - LOSS PER COMMON SHARE |
The following
is a reconciliation of the numerators and denominators of the basic and diluted loss per common share computations for the years
ended:
| |
|
Three
Months Ended June 30, |
|
|
Six
Months Ended June 30, |
|
| |
|
2014 |
|
|
2013 |
|
|
2014 |
|
|
2013 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
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|
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|
|
|
|
| Numerator for basic and diluted loss per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss to common stockholders
from continuing operations |
|
$ |
(538,735 |
) |
|
$ |
(1,348,100 |
) |
|
$ |
(1,316,105 |
) |
|
$ |
(2,473,318 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss from discontinuing operations |
|
$ |
(9,519 |
) |
|
$ |
(499,423 |
) |
|
$ |
(19,464 |
) |
|
$ |
(507,217 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss to common stockholders |
|
$ |
(548,254 |
) |
|
$ |
(1,847,523 |
) |
|
$ |
(1,335,569 |
) |
|
$ |
(2,980,535 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator for basic and diluted loss per common share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Number of Shares Outstanding |
|
|
11,503,294 |
|
|
|
5,817,053 |
|
|
|
11,414,481 |
|
|
|
5,361,577 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share
from continuing operations |
|
$ |
(0.05 |
) |
|
$ |
(0.23 |
) |
|
$ |
(0.12 |
) |
|
$ |
(0.46 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share
from discontinued operations |
|
$ |
- |
|
|
$ |
(0.09 |
) |
|
$ |
- |
|
|
$ |
(0.09 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic and diluted loss per common share |
|
$ |
(0.05 |
) |
|
$ |
(0.32 |
) |
|
$ |
(0.12 |
) |
|
$ |
(0.56 |
) |
Due to their
anti-dilutive effect, the potential common shares have been excluded from the computation of diluted loss per share:
| |
|
Six
Months Ended June 30, |
|
| |
|
2014 |
|
|
2013 |
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Warrants |
|
|
19,243,418 |
|
|
|
7,504,189 |
|
| Stock options |
|
|
1,840,556 |
|
|
|
1,840,556 |
|
| Convertible notes |
|
|
2,755,544 |
|
|
|
3,295,322 |
|
| Series A Preferred |
|
|
1,629,006 |
|
|
|
1,629,006 |
|
| Series B Preferred |
|
|
5,693,344 |
|
|
|
5,776,667 |
|
| Series C Preferred |
|
|
902,778 |
|
|
|
902,778 |
|
| Series D Preferred |
|
|
3,852,000 |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
| |
|
|
35,916,646 |
|
|
|
20,948,518 |
|
|