Appiphany Technologies Holdings Corp. Just Filed Its Quarterly Report: (c)  Basic and Dilut...

(c)  Basic and Diluted Net Loss per Share

The Company computes net loss per share in accordance with ASC 260, Earnings per Share. ASC 260 requires presentation of both basic and diluted earnings per share (“EPS”) on the face of the income statement. Basic EPS is computed by dividing net loss available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period using the treasury stock method and convertible preferred stock using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive.  As of January 31, 2018, the Company had 113,614,036 (April 30, 2017 – 5,691,592) potentially dilutive common shares outstanding.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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