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 nine months ended September 30, 2019 and September 30, 2018.



	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019		2018
Numerator:
Numerator for basic and diluted (loss) per share, net (loss) available to common shareholders	(1,239,034		)	(813,166		)	(3,587,534	)	(2,899,410	)
Denominator:
Denominator for basic (loss) per share, weighted average shares outstanding	13,054,962			12,145,323			12,906,206		12,098,828
Effect of dilutive securities	—			—			—		—
Denominator for diluted earnings per share, adjust weighted average shares and assumed conversion	13,054,962			12,145,323			12,906,206		12,098,828
Basic (loss) per common share	$	(0.09	)	$	(0.07	)	(0.28	)	(0.24	)
Diluted (loss) per common share and common share equivalent	$	(0.09	)	$	(0.07	)	(0.28	)	(0.24	)

The awards and options to purchase shares of common stock that were outstanding at September 30, 2019 and September 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:



	Nine Months Ended September 30,
	2019	2018
Anti-dilutive awards and options	3,872,386	3,846,141