December 31,

2018

2017

2016

Net income (loss) for the year

$

194,453

$

(5,015,911

)

$

(2,465,592

)

Basic weighted average number of common shares outstanding

47,117,369

46,848,053

46,215,861

Effect on dilutive securities:

Options

334,275

-

Diluted weighted average number of common shares outstanding

47,451,644

46,848,053

46,215,861

Basic income (loss) per share

$

0.00

$

(0.11

)

$

(0.05

)

Diluted income (loss) per share

$

0.00

$

(0.11

)

$

(0.05

)