Loss per share

3 Months Ended

Jul. 31, 2019

Loss per share [Text Block]

Note 14	Loss per share
	The following table shows the computation of basic and diluted loss per share:

		Three Months Ended
		July 31,
		2019			2018
Numerator
Net loss	$	(929,723	)	$	(1,010,947	)
Denominator
Weighted average shares outstanding		5,952,122			5,932,417
Effect of dilutive securities		−			−
		5,952,122			5,932,417
Basic and diluted loss per share	$	(0.16	)	$	(0.17	)

For the three months ended July 31, 2019 and 2018, common share equivalents consisting of stock options and DSUs totaling 1,188,044 and 1,234,022 respectively were excluded from the computation of diluted EPS because the effect was anti-dilutive.