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 June 30, 2018 and 2017, would be as follows:

	2018	2017
Stock options	3,180,000	2,253,334
Warrants	28,340,873	17,960,006
Total possible dilution	31,520,873	20,213,340

At June 30, 2018 and 2017, the effect of the Company’s outstanding options and warrants would have been anti-dilutive.