Loss Per Share Applicable to Common Stockholders

9 Months Ended

Sep. 27, 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 nine months ended September 27, 2014 and September 28, 2013:

	Three Months Ended						Nine Months Ended
	September 27, 2014			September 28, 2013			September 27, 2014			September 28, 2013
Net loss	$	(659,653	)	$	(1,250,263	)	$	(4,160,811	)	$	(3,695,201	)
Basic and diluted loss per common share	$	(0.01	)	$	(0.01	)	$	(0.04	)	$	(0.04	)
Weighted average common shares outstanding (1):		106,610,400			101,309,939			106,290,782			98,590,008
Potentially dilutive securities (2):
Stock options		13,890,766			13,609,700			13,890,766			13,609,700
Warrants		-			535,000			-			535,000

(1) Includes 1,676,175 and 500,000 weighted average nonvested shares of restricted stock for the three months ended September 27, 2014 and September 28, 2013, respectively, and 1,606,380 and 500,000 weighted average nonvested shares of restricted stock for the nine months ended September 27, 2014 and September 28, 2013, respectively, which are participating securities that feature voting and dividend rights.

(2) Excluded from the computation of loss per share as their impact is antidilutive.