Basic
loss per share is computed by dividing net loss by the weighted average number of common shares outstanding for the period. Diluted earnings
per share reflect the potential dilution that could occur if stock options or other contracts to issue common stock were exercised or
converted during the period. FASB ASC 260, Earnings per Share, requires a dual presentation of basic and diluted earnings per
share. Any instruments that would have an anti-dilutive effect have been excluded from the computation
of earnings per share. The number of such shares excluded from the computations of diluted loss per share are as follows:
Schedule
of Shares Excluded from the Computations of Diluted Loss Per Share
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Three
months ended
September
30,
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Nine months
ended
September
30,
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Description |
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2021
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2020
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2021
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2020 |
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Stock options
under treasury stock method |
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95,019 |
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68,290 |
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93,849 |
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55,982 |
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Acquisition and bonus shares
issuable |
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- |
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187,500 |
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- |
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187,500 |
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Shares Excluded from the Computations of Diluted Loss Per Share |
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