Years Ended September 30,

2019

2018

Basic

Net income (loss)

$

(4,012

)

$

5,923

Less: preferred stock dividends

(1

)

(1

)

Net income (loss) applicable to common stock

$

(4,013

)

$

5,922

Weighted average common shares outstanding

1,901,315

1,965,595

Basic income (loss) per share

$

(2.11

)

$

3.01

Diluted

Net income (loss) applicable to common stock

$

(4,013

)

$

5,922

Add: preferred stock dividends

1

1

Net income (loss) applicable for diluted earnings per share

$

(4,012

)

$

5,923

Weighted average common shares outstanding

1,901,315

1,965,595

Add: Options

—

38,179

Add: Series B Preferred Stock

—

1,071,200

Add: Series B Preferred Stock Warrants

—

590,145

Add: Series E Preferred Stock

—

77,840

Assumed weighted average common shares

   outstanding

1,901,315

3,742,959

Diluted income (loss) per share

$

(2.11

)

$

1.58