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EARNINGS PER SHARE (EPS) (Tables)
9 Months Ended
Dec. 31, 2013
EARNINGS PER SHARE (EPS)  
Schedule of reconciliation of the numerators and denominators reflected in the basic and diluted loss per share computations

 

 

 

Three Months
ended

December 31,
2013

 

Three Months
ended

December 31,
2012

 

Nine Months
ended

December 31,
2013

 

Nine Months
ended

December 31,
2012

 

Basic EPS

 

 

 

 

 

 

 

 

 

Net Loss

 

$

(757,680

)

$

(545,487

)

$

(3,000,255

)

$

(1,296,776

)

Weighted average number of shares outstanding

 

20,269,795

 

19,089,289

 

20,061,558

 

18,773,080

 

Basic and diluted loss per share

 

$

(0.04

)

$

(0.03

)

$

(0.15

)

$

(0.07

)

Diluted EPS

 

 

 

 

 

 

 

 

 

Net Loss

 

$

(757,680

)

$

(545,487

)

$

(3,000,255

)

$

(1,296,776

)

Dilutive effect of stock options, warrants and preferred stock

 

 

 

 

 

Diluted weighted average shares

 

20,269,795

 

19,089,289

 

20,061,558

 

18,773,080

 

Diluted loss per share

 

$

(0.04

)

$

(0.03

)

$

(0.15

)

$

(0.07

)