Quarterly report pursuant to Section 13 or 15(d)

5. Loss Per Share (Tables)

v3.8.0.1
5. Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Reconciliation of Loss per Share

    Net income (loss)     Shares     Per Share Amount  
Basic net income per common share for the three months ended September 30, 2017:                  
Income available to common stockholders   $ 110,284       11,201,760     $ 0.01  
Effect of dilutive stock options     -       308,951       -  
Diluted net income per common share for the three months ended September 30, 2017   $ 110,284       11,510,711     $ 0.01  
                         
Basic net loss per common share for the three months ended September 30, 2016:                        
Loss available to common stockholders   $ (57,238 )     11,201,760     $ (0.01)
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the three months ended September 30, 2016   $ (57,238 )     11,201,760     $ (0.01)
                         
Basic net income per common share for the nine months ended September 30, 2017:                        
Income available to common stockholders   $ 167,386       11,201,760     $ 0.01  
Effect of dilutive stock options     -       307,442       -  
Diluted net income per common share for the nine months ended September 30, 2017   $ 167,386       11,509,202     $ 0.01  
                         
Basic net loss per common share for the nine months ended September 30, 2016:                        
Loss available to common stockholders   $ (413,265 )     11,201,760     $ (0.04)
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the nine months ended September 30, 2016   $ (413,265 )     11,201,760     $ (0.04)