(Loss) Earnings Per Common Share (EPS)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

(Loss) Earnings Per Common Share (EPS)

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

	THREE MONTHS ENDED						SIX MONTHS ENDED
	JUNE 30,						JUNE 30,
	2019			2018			2019		2018
	(Unaudited)
Basic (Loss) Earnings Per Share Computation:
Net (loss) income	$	(307,761	)	$	(472,171	)	$	76,340	$	(934,344	)
Weighted average number of common shares		83,990,722			83,081,597			83,902,077		83,061,707
Basic Loss Per Share	$	(0.00	)	$	(0.01	)	$	0.00	$	(0.01	)
Diluted (Loss) Earnings Per Share Computation:
Net (loss) income	$	(307,761	)	$	(472,171	)	$	76,340	$	(934,344	)
Weighted average number of common shares		83,990,722			83,081,597			83,902,077		83,061,707
Incremental shares from assumed conversions
of stock options		-			-			63,917		-
Adjusted weighted average number of
common shares		83,990,722			83,081,597			83,965,994		83,061,707
Diluted (Loss) Earnings Per Share	$	(0.00	)	$	(0.01	)	$	0.00	$	(0.01	)

Unexercised stock options and restricted stock awards of 4,632,501 and 5,044,185 for the three month periods ended June 30, 2019 and 2018, respectively, have been excluded from the computation of loss per share because inclusion of these securities would have been anti-dilutive.

Unexercised stock options and restricted stock awards of 5,044,185 for the six month period ended June 30, 2018, have been excluded from the computation of loss per share because inclusion of these securities would have been anti-dilutive.