b. Net Income (Loss) per Share – Basic earnings per share (“EPS”) is computed as net income (loss) divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, warrants, and other convertible securities.

The dilutive effect of outstanding securities, in periods of future income as of March 31, 2018 and 2017, would be as follows:

	2018	2017
Stock options	2,980,000	2,297,085
Warrants	20,840,873	16,155,006
Total possible dilution	23,820,873	18,452,091

At March 31, 2018 and 2017, the effect of the Company’s outstanding options and warrants would have been anti-dilutive.