| Basic and diluted net loss per share |
| |
|
Three Months Ended December 31, |
|
| |
|
2018 |
|
|
2017 |
|
| Basic |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Net income |
|
$ |
1,530,509 |
|
|
$ |
1,877,555 |
|
| Less: preferred stock dividends |
|
|
(292 |
) |
|
|
(292 |
) |
| Net income applicable to common stock |
|
$ |
1,530,217 |
|
|
$ |
1,877,263 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
|
1,945,247 |
|
|
|
1,975,380 |
|
| |
|
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
0.79 |
|
|
$ |
0.95 |
|
| |
|
|
|
|
|
|
|
|
| Diluted |
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
| Net income applicable to common stock |
|
$ |
1,530,217 |
|
|
$ |
1,877,263 |
|
| Add: preferred stock dividends |
|
|
292 |
|
|
|
292 |
|
| Net income applicable for diluted earnings per share |
|
$ |
1,530,509 |
|
|
$ |
1,877,555 |
|
| |
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding |
|
|
1,945,247 |
|
|
|
1,975,380 |
|
| Add: Options |
|
|
11,576 |
|
|
|
34,476 |
|
| 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 |
|
|
|
77,840 |
|
| Assumed weighted average common shares outstanding |
|
|
3,696,008 |
|
|
|
3,749,041 |
|
| |
|
|
|
|
|
|
|
|
| Diluted earnings per share |
|
$ |
0.41 |
|
|
$ |
0.50 |
|
|