Net income (loss) per common share is calculated in
accordance with ASC Topic 260: Earnings per Share (“ASC 260”). Basic income (loss) per share is computed by dividing net income
(loss) by the weighted average number of shares of common stock outstanding during the period. In periods where the Company has a net
loss, the computation of diluted net loss per share does not include dilutive common s tock equivalents in the weighted average shares
outstanding as their effect would be anti-dilutive.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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