Note 6 - Income/Loss Per Share

3 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

6

.

INCOME/

LOSS PER SHARE

The following table sets forth the computation of basic and diluted net income (loss) per share:

	Three Months Ended
	December 31,
	2019		2018
Net income (loss) attributable to common stockholders	$	1,017,985	$	(538,508	)
Basic weighted average outstanding shares of common stock		23,504,820		22,568,375
Dilutive effects of common share equivalents		-		-
Dilutive weighted average outstanding shares of common stock		23,504,820		22,568,375
Basic and diluted net loss per share of common stock	$	0.04	$	(0.02	)

As of

December 31, 2019,

we have excluded

1,050,000

of stock options and

11,238,650

of warrants and

256,667

shares that would be issued from conversion of outstanding convertible notes from the computation of diluted net income (loss) per share since the effects are anti-dilutive. As of

December 31, 2018,

we have excluded

150,000

of stock options and

9,170,650

of warrants from the computation of diluted net loss per share since the effects are anti-dilutive.