Earnings Per Share Applicable to Common Stockholders

9 Months Ended

Oct. 01, 2016

Loss Per Share Applicable To Common Stockholders

Earnings Per Share Applicable to Common Stockholders

The following table sets forth the computations of earnings per share amounts applicable to common stockholders for the three and nine months ended October 1, 2016 and October 3, 2015:

	Three Months Ended						Nine Months Ended
	Oct. 1, 2016			Oct. 3, 2015			Oct. 1, 2016			Oct. 3, 2015
Net loss	$	(954,390	)	$	(3,716	)	$	(781,432	)	$	(1,344,423	)
Basic and diluted loss per common share	$	(0.03	)	$	(0.00	)	$	(0.02	)	$	(0.04	)
Weighted average common shares outstanding (1):		37,868,672			35,814,305			37,090,916			35,783,490
Potentially dilutive securities, total (2):
Stock options		5,217,508			5,279,868			5,217,508			5,279,868
Warrants		487,111			156,340			487,111			156,340
Convertible debt		—			257,798			—			257,798
(1) Includes approximately 0.4 million nonvested restricted stock for all periods presented, which are participating securities that feature voting and dividend rights.
(2) Excluded from the computation of loss per share as their impact is antidilutive.