11. Earnings (Loss) Per Share (Tables)

3 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Basic and diluted net loss per share

	Three Months Ended December 31,
	2015			2014
Basic
Net income (loss) attributed to Live Ventures Incorporated	$	176,148		$	(4,947,434	)
Less: preferred stock dividends		(480	)		(483	)
Net income (loss) applicable to common stock	$	175,668		$	(4,947,917	)
Weighted average common shares outstanding		16,905,098			15,111,162
Basic earnings (loss) per share	$	0.01		$	(0.33	)
Diluted
Net income (loss) applicable to common stock	$	175,668		$	(4,947,917	)
Add: preferred stock dividends		480			483
Net income (loss) applicable for diluted earnings (loss) per share	$	176,148		$	(4,947,434	)
Weighted average common shares outstanding		16,905,098			15,111,162
Add: Options		129,344			–
Add: Warrants		2,057,207			–
Add: preferred stock		127,800			–
Assumed weighted average common shares outstanding		19,219,449			15,111,162
Diluted earnings (loss) per share	$	0.01		$	(0.33	)

Potentially dilutive securities

	Three Months Ended December 31,
	2015		2014
Options to purchase shares of common stock		1,050,000		600,000
Warrants to purchase shares of common stock		3,540,876		3,540,876
Series E convertible preferred stock		127,840		127,840
Total potentially dilutive shares		4,718,716		4,268,716