December 31, 2018

December 31, 2017

Net income (loss):

Income from continuing operations

$99,610

$76,772

Income (loss) from discontinued operations – See Note I

167,473

(103,559)

Net income (loss)

267,083

(26,787)

Preferred stock dividends

(20,174)

(26,899)

Net income loss available to common shareholders

246,909

(53,686)

Basic income (loss) per share:

Weighted-average common shares outstanding used in income (loss) per share computations

12,321,694

11,871,009

Basic income (loss) per share:

Continuing operations

0.01

Discontinued operations – See Note I

0.01

(0.01)

Basic income (loss) per share

0.02

(0.00)

Diluted income (loss) per share:

Shares used in diluted income (loss) per share computations

15,259,570

14,865,058

Diluted income (loss) per share

Continuing operations

0.01

Discontinued operations – See Note I

0.01

(0.01)

Diluted income (loss) per share

0.02

(0.00)

Computation of shares used in income (loss) per share:

Weighted average shares and share equivalents outstanding

13,621,009

11,871,009

Effect of preferred stock

987,102

Effect of dilutive stock options

1,722,615

1,775,872

Effect of dilutive warrants

228,160

231,075

Weighted average shares and share equivalents outstanding – assuming dilution

16,558,886

14,865,058