15. Earnings Per Share

12 Months Ended

Dec. 31, 2012

In accordance with ASC 260, which replaced SFAS No. 128, Earnings per Share (“SFAS No. 128”), basic net loss per common share is computed by dividing net loss by the weighted-average number of common shares outstanding. Diluted net loss per common share is computed similarly to basic net loss per share, except that the denominator is increased to include all potential dilutive common shares, including outstanding options and warrants. Potentially dilutive common shares have been excluded from the diluted loss per common share computation for each of the two years ended December 31, 2012 and 2011 because such securities have an anti-dilutive effect on loss per share due to the Company’s net loss.

The following table sets forth as of December 31, 2012 and 2011 the number of potential shares of common stock issuable that have been excluded from diluted earnings per share because their effect was anti-dilutive:

	2012		2011
Stock options	226,076		226,076
Outstanding unexercised warrants		3,817,622		3,649,503
Total		4,373,698		3,875,579

- Definition

The entire disclosure for earnings per share.

+ References+ Details

DNA BRANDS INC 10-K