| Basic and diluted net loss per share |
| |
|
Years Ended September 30, |
|
| |
|
2018 |
|
|
2017 |
|
| Basic |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Net income |
|
$ |
5,922,719 |
|
|
$ |
6,501,780 |
|
| Less: preferred stock dividends |
|
|
(1,168 |
) |
|
|
(1,917 |
) |
| Net income applicable to common stock |
|
$ |
5,921,551 |
|
|
$ |
6,499,863 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
|
1,965,595 |
|
|
|
2,210,104 |
|
| |
|
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
3.01 |
|
|
$ |
2.94 |
|
| Diluted |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Net income applicable to common stock |
|
$ |
5,921,551 |
|
|
$ |
6,499,863 |
|
| Add: preferred stock dividends |
|
|
1,168 |
|
|
|
1,917 |
|
| Net income applicable for diluted earnings per share |
|
$ |
5,922,719 |
|
|
$ |
6,501,780 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
|
1,965,595 |
|
|
|
2,210,104 |
|
| Add: Options |
|
|
38,179 |
|
|
|
48,407 |
|
| Add: Series B Preferred Stock |
|
|
1,071,200 |
|
|
|
1,071,200 |
|
| Add: Series B Preferred Stock Warrants |
|
|
590,145 |
|
|
|
590,145 |
|
| Add: Series E Preferred Stock |
|
|
77,840 |
|
|
|
127,840 |
|
| Assumed weighted average common shares outstanding |
|
|
3,742,959 |
|
|
|
4,047,696 |
|
| |
|
|
|
|
|
|
|
|
| Diluted earnings per share |
|
$ |
1.58 |
|
|
$ |
1.61 |
|
|