Note 14 - Loss Per Common Share

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Earnings Per Share [Text Block]

1

4

.

Loss

Per Common Share

Basic earnings per share (“EPS”) is computed by dividing earnings (loss) attributable to common shareholders by the weighted average number of common shares outstanding for the applicable period. Diluted EPS reflects the potential dilution of securities that could share in the earnings.

Options to purchase

34,938,618

shares of common stock, at prices ranging from

$0.07

to

$0.47

per share, were outstanding at

June 30, 2018,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase

10,066,809

shares of common stock, with a price of

$0.07

per share, outstanding at

June 30, 2018,

were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.

Options to purchase

43,935,560

shares of common stock, at prices ranging from

$0.07

to

$0.77

per share, were outstanding at

June 30, 2017,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Warrants to purchase

18,113684

shares of common stock, with prices ranging from

$0.07

to

$0.17

per share, outstanding at

June 30, 2017

were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.