Quarterly report pursuant to Section 13 or 15(d)

5. Loss Per Share (Tables)

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5. Loss Per Share (Tables)
6 Months Ended
Jun. 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 June 30, 2017:                  
Income available to common stockholders   $ 88,718       11,201,760     $ 0.01  
Effect of dilutive stock options     -       342,996       -  
Diluted net income per common share for the three months ended June 30, 2017   $ 88,718       11,544,756     $ 0.01  
                         
Basic net loss per common share for the three months ended June 30, 2016:                        
Loss available to common stockholders   $ (145,757 )     11,201,760     $ (0.01 )
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the three months ended June 30, 2016   $ (145,757 )     11,201,760     $ (0.01 )
                         
Basic net income per common share for the six months ended June 30, 2017:                        
Income available to common stockholders   $ 57,102       11,201,760     $ 0.01  
Effect of dilutive stock options     -       306,671       -  
Diluted net income per common share for the six months ended June 30, 2017   $ 57,102       11,508,431     $ 0.00  
                         
Basic net loss per common share for the six months ended June 30, 2016:                        
Loss available to common stockholders   $ (356,027 )     11,201,760     $ (0.03 )
Effect of dilutive stock options     -       -       -  
Diluted net loss per common share for the six months ended June 30, 2016   $ (356,027 )     11,201,760     $ (0.03 )