10.

Earnings Per Common Share

Basic earnings per common share is computed based upon the weighted average number of common shares outstanding during the period. Diluted earnings per common share is based upon the increased number of common shares that would be outstanding assuming the exercise of dilutive common share options and the consideration of restricted stock awards. The following table details the computation of earnings per common share, basic and diluted:


	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2018			2017		2018			2017
Numerator:
Net (loss) income for basic calculation	$	(459,003)		$	397,643	$	(811,104)		$	932,385
Adjustments to net (loss) income for the impact of dilutive securities		—			—		—			—

Net (loss) income for dilution calculation	$	(459,003	)	$	397,643	$	(811,104	)	$	932,385


Denominator:
Weighted average common shares – basic		11,569,692			11,514,123		11,548,723			11,480,900
Effect of dilutive securities:
RSUs		—			122,705		—			115,458
Stock options		—			140,189		—			166,447

Weighted average common shares – diluted		11,569,692			11,777,017		11,548,723			11,762,805


Net (loss) income per common share:
Basic	$	(0.04	)	$	0.03	$	(0.07	)	$	0.08

Diluted	$	(0.04)		$	0.03	$	(0.07)		$	0.08

Potentially dilutive securities include all stock-based awards. For the three and six months ended June 30, 2018 and 2017, certain equity awards were antidilutive.