11. INCOME (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Note 11. INCOME (LOSS) PER SHARE

11. Income (Loss) Per Share

We present both basic and diluted income (loss) per share on the face of our consolidated statements of operations. Basic and diluted income (loss) per share are calculated as follows:

	2014	2013
Net income	$ 403,345	$ 1,821,634
Weighted average common shares outstanding:
Basic and diluted	13,169,991	13,169,991
Net loss per common share:
Basic and Diluted	$ 0.03	$     0.14

Certain stock options whose terms and conditions are described in Note 12, “Stock Options” could potentially dilute basic EPS (LPS) in the future, but were not included in the computation of diluted LPS because to do so would have been anti-dilutive. Those anti-dilutive options are as follows.

	2014	2013
Anti-dilutive options	949,000	1,164,000

There were no preferred shares issued and outstanding during the years ended December 31, 2014 or 2013.