Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share Tables

Basic and diluted loss per share calculation data

The following table represents the reconciliation of the Company's basic loss per share and diluted loss per share computations reported on the Consolidated Statements of Operations for the three and nine months ended September 30, 2016 and 2015:

	Three Months Ended						Nine Months Ended
	September 30						September 30
	2016			2015			2016			2015
Basic Loss Per Share
Net loss	$	(1,953,497	)	$	(649,510	)	$	(2,001,454	)	$	(933,914	)
Weighted average shares outstanding		5,307,133			5,335,319			5,307,881			5,338,619
Basic loss per share	$	(0.37	)	$	(0.12	)	$	(0.38	)	$	(0.17	)
Diluted Loss Per Share
Net loss	$	(1,953,497	)	$	(649,510	)	$	(2,001,454	)	$	(933,914	)
Weighted average shares outstanding		5,307,133			5,335,319			5,307,881			5,338,619
Effect of dilutive securities		—			—			—			—
Diluted shares outstanding		5,307,133			5,335,319			5,307,881			5,338,619
Diluted loss per share	$	(0.37	)	$	(0.12	)	$	(0.38	)	$	(0.17	)