Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share (Tables)

v2.4.0.6
Net Loss per Common Share (Tables)
9 Months Ended
Aug. 31, 2012
Net Loss per Common Share [Abstract]  
Calculation of basic and diluted net loss per common share
                                 
    Three Months Ended     Nine Months Ended  
    August 31,
2012
    August 31,
2011
    August 31,
2012
    August 31,
2011
 

Numerator:

                               

Net Loss

  ($ 547,097   ($ 2,382,416   ($ 5,454,090   ($ 1,971,568
   

 

 

   

 

 

   

 

 

   

 

 

 

Denominator:

                               

Weighted-average shares outstanding-basic

    11,166,496       11,757,803       11,325,280       11,754,324  

Dilutive common shares issuable upon exercise of stock options

    —         —         —         —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted-average shares-diluted

    11,166,496       11,757,803       11,325,280       11,754,324  
   

 

 

   

 

 

   

 

 

   

 

 

 

Net loss per common share:

                               

Basic

  ($ .05   ($ .20   ($ .48   ($ .17
   

 

 

   

 

 

   

 

 

   

 

 

 

Diluted

  ($ .05   ($ .20   ($ .48   ($ .17