Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.19.3.a.u2
Net Loss Per Common Share
6 Months Ended
Oct. 31, 2019
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 stockholders 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 effect on the Company’s net loss. In periods where the Company has a net loss, all dilutive securities are excluded.

 

    Three and Six
Months Ended
October 31, 2019
    Three and Six
Months Ended
October 31, 2018
 
Common stock equivalents:                
Preferred stock     473,684       -  
Restricted stock units     325,000       500,000  
Stock options     1,368,958       1,481,458  
Stock warrants     4,993,609       1,702,359  
Total     7,161,251       3,683,817