Net Earnings (Loss) Per Share

Basic earnings (loss) per share (EPS) were computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS differs from basic EPS due to the assumed conversion of potentially dilutive awards and options that were outstanding during the period. The following is a reconciliation of the numerators and the denominators of the basic and diluted per share computations for net income (loss) for the three and six months ended June 30, 2017 and June 30, 2016.



	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Numerator:
Numerator for basic and diluted earnings per share, net income (loss) available to common shareholders	$	(534,337	)	$	(355,301	)	$	(820,920	)	$	(387,303	)
Denominator:
Denominator for basic earnings per share, weighted average shares outstanding	8,471,494			7,738,759			8,478,339			7,729,003
Effect of dilutive securities	—			—			—			—
Denominator for diluted earnings per share, adjust weighted average shares and assumed conversion	8,471,494			7,738,759			8,478,339			7,729,003
Basic earnings (loss) per common share	$	(0.06	)	$	(0.05	)	$	(0.10	)	$	(0.05	)
Diluted earnings (loss) per common share and common share equivalent	$	(0.06	)	$	(0.05	)	$	(0.10	)	$	(0.05	)

The awards and options to purchase shares of common stock that were outstanding at June 30, 2017 and June 30, 2016 that were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive, are as follows:



	Six Months Ended June 30,
	2017	2016
Anti-dilutive awards and options	3,352,831	4,325,711