Loss Per Share Applicable to Common Stockholders

6 Months Ended

Jun. 28, 2014

Loss Per Share Applicable To Common Stockholders

Note 4. Loss Per Share Applicable to Common Stockholders

The following table sets forth the computations of loss per share amounts applicable to common stockholders for the three and six months ended June 28, 2014 and June 29, 2013:

	Three Months Ended						Six Months Ended
	June 28, 2014			June 29, 2013			June 28, 2014			June 29, 2013
Net loss	$	(1,653,142	)	$	(1,020,866	)	$	(3,501,158	)	$	(2,444,938	)
Basic and diluted loss per common share	$	(0.02	)	$	(0.01	)	$	(0.03	)	$	(0.03	)
Weighted average common shares outstanding (1):		106,185,584			99,833,963			106,130,972			97,230,043
Potentially dilutive securities:
Stock options (2)		14,686,002			13,422,152			14,686,002			13,422,152
Warrants (2)		-			939,047			-			939,047

(1) Includes 1,680,000 nonvested restricted stock as these restricted stock are participating securities and have voting and dividend rights.

(2) The impact of stock options and warrants on earnings per share is antidilutive in a period of loss.