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Net (Loss) Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Net (Loss) Per Share
Net (Loss) Per Share
Basic (loss) per share (EPS) was computed by dividing net (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 (loss) for the three and six months aended June 30, 2019 and June 30, 2018.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Numerator:
 
 
 
 
 
 
 
 
Numerator for basic and diluted (loss) per share, net income (loss) available to common shareholders
 
(1,275,611
)

(1,035,438
)
 
(2,348,500
)
 
(2,086,244
)
Denominator:
 
 
 
 
 
 
 
 
Denominator for basic (loss) per share, weighted average shares outstanding
 
13,041,799

 
12,075,580

 
12,831,828

 
12,124,538

Effect of dilutive securities
 

 

 

 

Denominator for diluted earnings per share, adjust weighted average shares and assumed conversion
 
13,041,799

 
12,075,580

 
12,831,828

 
12,124,538

Basic (loss) per common share
 
$
(0.10
)
 
$
(0.09
)
 
(0.18
)

(0.17
)
Diluted (loss) per common share and common share equivalent
 
$
(0.10
)
 
$
(0.09
)
 
(0.18
)

(0.17
)

The awards and options to purchase shares of common stock that were outstanding at June 30, 2019 and June 30, 2018 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,
 
2019
 
2018
Anti-dilutive awards and options
3,874,139

 
3,846,141