Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.8.0.1
Net Loss Per Common Share
9 Months Ended
Jan. 31, 2018
Earnings Per Share [Abstract]  
Net Loss Per Common Share

NOTE 7 — NET LOSS PER COMMON SHARE

 

Net loss per common share is calculated in accordance with ASC 260, “Earnings Per Share”. Basic loss per share is computed by dividing net loss available to common stockholder, by the weighted average number of shares of common stock outstanding during the period. The following were excluded from the computation of diluted shares outstanding as they would have had an anti-dilutive impact on the Company’s net loss. In periods where the Company has a net loss, all dilutive securities are excluded.

 

   

January 31,

2018

   

January 31,

2017

 
Common stock equivalents:                
Stock options     231,458       694,375  
Stock warrants     1,735,774       -  
Convertible preferred stock     967,860       31,720,809  
Total     2,935,092       32,415,184