Loss Per Share Applicable to Common Stockholders

9 Months Ended

Oct. 03, 2015

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 October 3, 2015 and September 27, 2014:

	Three Months Ended						Nine Months Ended
	Oct. 3, 2015			Sept. 27, 2014			Oct. 3, 2015			Sept. 27, 2014
Net loss	$	(3,716	)	$	(659,653	)	$	(1,344,423	)	$	(4,160,811	)
Basic and diluted loss per common share	$	(0.00	)	$	(0.01	)	$	(0.01	)	$	(0.04	)
Weighted average common shares outstanding (1):		107,442,916			106,610,400			107,350,469			106,290,782
Potentially dilutive securities (2):
Stock options		15,839,603			13,890,766			15,839,603			13,890,766
Warrants		469,020			-			469,020			-
Convertible Debt		773,395			-			773,395			-

(1) Includes 1,132,241 and 1,676,175 weighted average nonvested shares of restricted stock for the three months ended October 3, 2015 and September 27, 2014, respectively, and 1,305,605 and 1,606,380 weighted average nonvested shares of restricted stock for the nine months ended October 3, 2015 and September 27, 2014, 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.