Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.10.0.1
Net Loss Per Common Share
3 Months Ended
Jul. 31, 2018
Earnings Per Share [Abstract]  
Net Loss Per Common Share

NOTE 9 — 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.

 

    July 31, 2018     April 30, 2018  
Common stock equivalents:                
Stock options     1,481,458       1,531,458  
Stock warrants     1,702,359       1,702,359  
Total     3,183,817       3,233,817