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EXCEL - IDEA: XBRL DOCUMENT - Teleconnect Inc.Financial_Report.xls
10-K - FORM 10-K - Teleconnect Inc.v330446_10k.htm
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v2.4.0.6
LOSS PER SHARE
12 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

17. LOSS PER SHARE

 

Basic loss per share amounts are computed based on the weighted average number of shares outstanding on that date during the applicable periods. There were no stock options outstanding as of September 30, 2012 or 2011.

 

The following reconciles the components of the earnings (loss) per share computation for the years ended September 30:

 

    2012     2011  
Basic and diluted loss per share computation                
Numerator:                
Net loss   $ (3,875,768 )   $ (3,262,566 )
                 
Denominator:                
Weighted average common shares outstanding     7,434,666       5,959,443  
                 
Basic and diluted loss per share:   $ (0.52 )   $ (0.55 )