Red Cat Holdings, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share

12 Months Ended

Dec. 31, 2015

NOTE 5 - EARNINGS PER SHARE

The following table sets forth the information used to compute basic and diluted net income per share attributable to the Company for the years ended December 31:

	12/31/2015	12/31/2014

Net Income (Loss)	$(3,547,594)	$(7,360,235)

Weighted-average common shares outstanding basic:

Weighted-average common stock - Basic	21,901,314	1,220,955
Equivalents
Stock options	0	-
Warrants	-	-
Convertible notes, Preferred stock	2,400,000	2,400,000

Weighted-average common stock - Diluted	21,901,314	1,220,955