Net Loss Per Common Share

12 Months Ended

Dec. 31, 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 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 years ended December 31, 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:

	December 31,	December 31,
	2015	2014
Warrants	2,191,487	2,191,487
Options	1,734,429	1,800,226
Series A Preferred Stock	933,333	933,333
Series E Preferred Stock	7,254,997	7,365,283
Convertible promissory note and interest	1,964,337	1,895,765
Total	14,078,583	14,186,094

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

	December 31,	December 31,
	2015	2014
Exercise of stock warrants	2,191,487	2,191,487
Exercise and future grants of stock options	3,928,870	3,986,074
Conversion of preferred stock	8,188,330	8,298,616
Issuable shares from conversion of promissory notes and interest	1,964,337	1,895,765
Total	16,273,024	16,371,942