Earnings (Loss) Per Common Share (EPS)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Basic Earnings (Loss) Per Share

The computations of basic and diluted earnings per share were as follows for the periods presented below:

	THREE MONTHS ENDED
	MARCH 31,
	2019		2018
Basic Earnings (Loss) Per Share Computation:	(Unaudited)
Net income (loss)	$	384,101	$	(462,173	)
Weighted average number of common shares		83,812,448		83,041,597
Basic Earnings (Loss) Per Share	$	0.00	$	(0.01	)
Diluted Earnings (Loss) Per Share Computation:
Net income (loss)	$	384,101	$	(462,173	)
Weighted average number of common shares		83,812,448		83,041,597
Incremental shares from assumed conversions
of stock options		2,222		-
Adjusted weighted average number of
common shares		83,814,670		83,041,597
Diluted Earnings (Loss) Per Share	$	0.00	$	(0.01	)

The dilutive effect of unexercised stock options and restricted stock awards excludes 4,313,334 of options from the computation of loss per share for the three month periods ended March 31, 2018, respectively, because inclusion of the options would have been anti-dilutive.