Net Loss Per Common Share

9 Months Ended

Sep. 30, 2015

Net Loss Per Common Share [Text Block]

12. 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 applicable period. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive.

For the nine months ended September 30, 2015 and 2014, the number of securities convertible into common shares not included in diluted loss per common share because the effect would have been anti-dilutive consists of the following:

	September 30,	September 30,
	2015	2014
Warrants	2,191,487	2,191,487
Options	1,721,096	1,821,142
Series A Preferred Stock	933,333	933,333
Series E Preferred Stock	7,254,997	7,559,998
Convertible promissory notes	1,947,053	1,878,481
Total	14,047,966	14,384,441

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

	September 30,	September 30,
	2015	2014
Exercise of stock warrants	2,191,487	2,191,487
Exercise and future grants of stock options	3,928,870	3,985,605
Conversion of preferred stock	8,188,330	8,493,331
Issuable shares from conversion of promissory notes payable	1,947,053	1,878,481
Total	16,255,740	16,548,904