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Earnings Per Common Share (EPS)
 12 Months Ended
Dec. 31, 2017
Earnings Per Common Share (EPS) [Abstract]  
Earnings Per Share [Text Block]
17.
Earnings Per Common Share (EPS)
 
The computations of basic and diluted EPS for the years ended were as follows:
 
 
 
YEARS ENDED
 
 
 
DECEMBER 31,
 
 
 
2017
 
2016
 
 
 
 
 
 
 
 
 
Basic EPS Computation:
 
 
 
 
 
 
 
Net loss
 
$
(3,533,937)
 
$
(4,133,912)
 
Weighted average number of common shares
 
 
82,911,730
 
 
82,687,789
 
Basic EPS
 
$
(0.04)
 
$
(0.05)
 
 
 
 
 
 
 
 
 
Diluted EPS Computation:
 
 
 
 
 
 
 
Net loss
 
$
(3,533,937)
 
$
(4,133,912)
 
 
 
 
 
 
 
 
 
Weighted average number of common shares
 
 
82,911,730
 
 
82,687,789
 
Incremental shares from assumed conversions of stock options
 
 
-
 
 
-
 
Adjusted weighted average number of common shares
 
 
82,911,730
 
 
82,687,789
 
 
 
 
 
 
 
 
 
Diluted EPS
 
$
(0.04)
 
$
(0.05)
 
 
The dilutive effect of unexercised stock options and unvested restricted stock awards outstanding under the Company's stock plan excludes 4,173,334 and 2,340,668 of options from the computation of EPS for the years ended December 31, 2017 and 2016, respectively.