Quarterly report pursuant to Section 13 or 15(d)

(Loss) Income per Common Share (Tables)

v3.8.0.1
(Loss) Income per Common Share (Tables)
 3 Months Ended
Feb. 28, 2018
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted (Loss) Earnings per Share

The following table sets forth the calculation of basic and diluted (loss) earnings per share:

 

     For the three months ended
February 28, 2018		      For the three months ended
February 28, 2017		  

Numerator:

      

Net Income (Loss)

    ($ 2,530,072 )     $ 486,923  

Denominator:

      

Weighted-average shares outstanding-basic

      7,105,135        6,901,108  

Dilutive common shares issuable upon exercise of stock options

      —          536,135  

Weighted-average shares-diluted

      7,105,135        7,437,243  
  

 

 

     

 

 

  

Earnings (Loss) per share:

      

Basic

    ($ 0.36 )     $ 0.07  
  

 

 

     

 

 

  

Diluted

    ($ 0.36 )     $ 0.07