Note 2 - Basic and Diluted Net Income (Loss) Per Common Share
|9 Months Ended|
Sep. 30, 2016
|Notes to Financial Statements|
|Earnings Per Share [Text Block]||
Basic and Diluted Net INCOME (Loss) Per Common Share
Milestone Scientific presents “
basic” earnings (loss) per common share applicable to common stockholders and, if applicable, “diluted” earnings (loss) per common share applicable to common stockholders pursuant to the provisions of Statement of Financial Accounting Standards ASC Topic 260. Basic earnings (loss) per common share is calculated by dividing net income or loss applicable to common stockholders by the weighted average number of common shares outstanding and to be issued during each period. The calculation of diluted earnings per common share is similar to that of basic earnings per common share, except that the denominator is increased to include the number of additional common shares that would have been outstanding if all potentially dilutive common shares, such as those issuable upon the exercise of stock options, warrants, and the conversion of debt were issued during the period.
Since Milestone Scientific had net losses for 2016 and 2015, the assumed effects of the exercise of potentia
lly dilutive outstanding stock options of 1,885,010 were not included in the calculation as their effect would have been anti-dilutive.
The entire disclosure for earnings per share.
Reference 1: http://www.xbrl.org/2003/role/presentationRef