7. LOSS PER SHARE

9 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

LOSS PER SHARE

NOTE 7 LOSS PER SHARE

Basic loss per share data for each period presented is computed using the weighted average number of shares of common stock outstanding during each such period. Diluted loss per share data is computed using the weighted average number of common and dilutive common equivalent shares outstanding during each period. Dilutive common-equivalent shares consist of shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method.

The following securities were excluded from the calculation of diluted earnings per share in each period because their inclusion would have been anti-dilutive:

	For the Three Months Ended				For the Nine Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
Options		954,147		812,879		954,147		812,879
Warrants		151,335		151,335		151,335		151,335
Total potentially dilutive shares		1,105,482		964,214		1,105,482		964,214