KORU Medical Systems General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

10 Months Ended

Dec. 31, 2017

Basic earnings per share are computed on the weighted average of common shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common shares issuable upon exercise of employee and director stock options (See Note 6).

	Fiscal Year Ended
	Ten Months December 31, 2017		Twelve Months February 28, 2017

Net income/(loss)	$	904,957	$	(534,999	)

Weighted Average Outstanding Shares:
Outstanding shares		37,897,632		37,830,581
Option shares includable		547,850		47,620
		38,445,482		37,878,201

Net income/(loss) per share
Basic	$	0.02	$	(0.01	)
Diluted	$	0.02	$	(0.01	)