Net Loss Per Common Share

9 Months Ended

Sep. 30, 2014

Net Loss Per Common Share [Text Block]

13.	Net Loss Per Common Share
	Basic net loss per common share attributable to YOU On Demand shareholders is calculated by dividing the net loss attributable to YOU On Demand shareholders by the weighted average number of outstanding common shares during the period. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive.
	In January 2013, the remainder of our Series B Preferred Stock ( 7,866,800 shares) was converted to 1,048,907 common stock. During 2013 and 2014, all of our Series C Preferred Stock ( 250,000 shares) was converted to 400,000 common stock. As of September 30, 2014, total of 6,725,716 shares of our Series E Preferred Stock was converted into common stock on a 1:1 basis.
	For the nine months ended September 30, 2014 and 2013, the number of securities convertible into common stock not included in diluted EPS because the effect would have been anti-dilutive consists of the following:

	September 30,	September 30,
	2014	2013
Warrants	2,191,487	1,598,968
Options	1,821,142	1,606,501
Series A Preferred Stock	933,333	933,333
Series C Preferred Stock	-	140,000
Series D 4% Preferred Stock	-	2,308,551
Series E Preferred Stock	7,559,998	-
Convertible promissory note	1,878,481	1,896,612
Total	14,384,441	8,483,965

The Company has reserved its authorized but unissued common stock for possible future issuance in connection with the following:

	September 30,	September 30,
	2014	2013
Exercise of stock warrants	2,191,487	1,598,968
Exercise and future grants of stock options	3,985,605	4,025,319
Conversion of preferred stock	8,493,331	3,381,884
Contingent issuable shares in connection with Sinotop acquisition	-	245,274
Issuable shares from conversion of promissory notes payable	1,878,481	1,896,612
Total	16,548,904	11,148,057