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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share Tables  
Basic and diluted earnings 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 Condensed Consolidated Statements of Operations for the three and nine months ended September 30, 2017 and 2016:

   Three Months Ended  Nine Months Ended
   September 30  September 30
   2017  2016  2017  2016
Basic Loss Per Share            
Net loss  $(2,927,249)  $(1,953,497)  $(5,949,007)  $(2,001,454)
                     
Weighted average shares outstanding   5,307,133    5,307,133    5,307,133    5,307,881 
                     
Basic loss per share  $(0.55)  $(0.37)  $(1.12)  $(0.38)
                     
Diluted Loss Per Share                    
Net loss  $(2,927,249)  $(1,953,497)  $(5,949,007)  $(2,001,454)
                     
Weighted average shares outstanding   5,307,133    5,307,133    5,307,133    5,307,881 
Effect of dilutive securities   —      —      —      —   
Diluted shares outstanding   5,307,133    5,307,133    5,307,133    5,307,881 
                     
Diluted loss per share  $(0.55)  $(0.37)  $(1.12)  $(0.38)