Earnings (Loss) Per share (EPS)
|9 Months Ended|
Sep. 30, 2018
|Earnings Per Share [Abstract]|
|Earnings (Loss) Per Share (EPS)||
Note 9 - Earnings (Loss) Per Common Share (“EPS”)
Basic earnings (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of common shares outstanding during the period. The effects of dilutive securities, stock options, unvested restricted stock, convertible debt and equity are included in the diluted EPS calculation, when applicable. See Note 8 - Stockholders’ Equity for details regarding the 1-for-15 reverse stock split.
The following table represents the computation of earnings per share for the three and nine months ended September 30, 2018 and 2017, respectively:
(2)Weighted average common shares issuable upon the assumed conversion of our Convertible Preferred Stock totaling 1,587,300 shares (on a post-split basis) were excluded from the computation of diluted EPS as such shares would be anti-dilutive.
The entire disclosure for earnings per share.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef