Earnings Per Common Share (EPS)

12 Months Ended

Dec. 31, 2013

Earnings Per Common Share (EPS) [Abstract]

Earnings Per Common Share (EPS)

13. Earnings Per Common Share (EPS)

The computations of basic and diluted EPS for the years ended were as follows:

	YEAR ENDED
	DECEMBER 31,
	2013			2012
Basic EPS Computation:
Net (loss) income	$	(1,694,785	)	$	832,301
Weighted average number of common shares		63,802,275			63,474,871
Basic EPS	$	(0.027	)	$	0.013
Basic EPS Computation:
Net (loss) income	$	(1,694,785	)	$	832,301
Weighted average number of common shares		63,802,275			63,474,871
Incremental shares from assumed conversions of stock options		-			283,761
Adjusted weighted average number of common shares		63,802,275			63,758,632
Diluted EPS	$	(0.027	)	$	0.013