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Income Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Income Per Share

15. INCOME PER SHARE

 

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

 

    2018     2017  
Net income (loss)   $ 2,490,268     $ 1,754,741  
Weighted average common shares outstanding:                
Basic     11,630,136       11,485,580  
Diluted     11,816,054       11,725,482  
Net income (loss) per common share:                
Basic and diluted   $ 0.21     $ 0.15  

 

Certain stock options whose terms and conditions are described in Note 16, “Stock Options” could potentially dilute basic EPS in the future, but were not included in the computation of diluted EPS because to do so would have been anti-dilutive. Those anti-dilutive options are as follows.

 

    2018     2017  
Anti-dilutive options     261,000       nil  
                 

 

There were no preferred shares issued and outstanding during the years ended December 31, 2018 or 2017.