This excerpt taken from the CYBS 10-K filed Mar 10, 2005.
Net Loss Per Share
In accordance with Statement of Financial Accounting Standards No. 128, Earnings Per Share, basic and diluted net loss per share has been computed using the weighted average number of shares of common stock outstanding during the period. Potentially dilutive securities have been excluded from the computation as their effect is antidilutive.
If the Company had reported net income for the years ended December 31, 2003 and 2002, diluted earnings per share would have included the shares used in the computation of net loss per share as well as additional common equivalent shares related to outstanding options to purchase approximately 1,699,481 and 1,079,777 shares of common stock, respectively The common equivalent shares from options and warrants would be determined on a weighted average basis using the treasury stock method. The common equivalent shares related to the convertible note payable would be determined on a weighted average basis using the as-if converted method.