Earnings Per Common Share (EPS)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Earnings Per Common Share (EPS)

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

	YEARS ENDED
	DECEMBER 31,
	2018	2017
Basic Loss Per Share Computation:
Net loss	$               (1,456,476)	$               (3,533,937)
Weighted average number of common shares	83,274,171	82,911,730
Basic Loss Per Share	$                        (0.02)	$                        (0.04)
Diluted Loss Per Share Computation:
Net loss	$               (1,456,476)	$               (3,533,937)
Weighted average number of common shares	83,274,171	82,911,730
Incremental shares from assumed conversions
of stock options	-	-
Adjusted weighted average number of
common shares	83,274,171	82,911,730
Diluted Loss Per Share	$                        (0.02)	$                        (0.04)

The dilutive effect of unexercised stock options and unvested restricted stock awards outstanding under the Company's stock plan excludes 4,313,334 and 4,173,334 of options from the computation of EPS for the years ended December 31, 2018 and 2017, respectively.