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Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2017
Summary Of Significant Accounting Policies [Abstract]  
Computation Of Basic And Diluted EPS



 

 

 

 

 

 

 



 

Three months ended March 31,

 



 

2017

 

2016

 

Net income (loss)

$

 1,176,967 

 

$

 (2,274,301)

 

 

Cumulative dividend on convertible preferred stock

 

 (363,188)

 

 

 -

 

 

Net income attributable to convertible preferred stock

 

 (509,323)

 

 

 -

 

 

Earnings (net loss) attributable to common stockholders

$

 304,456 

 

$

 (2,274,301)

 

 



 

 

 

 

 

 

 

Shares used for basic EPS-weighted average shares

 

 22,318,000 

 

 

 21,611,612 

 

 

Effect of dilutive securities:

 

 -

 

 

 -

 

 

Restricted Stock Units

 

 13,683 

 

 

 -

 

 

Stock Options, Appreciation Rights and Warrants

 

 -

 

 

 -

 

 



 

 

 

 

 

 

 

Weighted average shares used in computing earnings (net loss) per share

 

 22,331,683 

 

 

 21,611,612 

 

 

Basic EPS

$

 0.01 

 

$

 (0.11)

 

 

Diluted EPS

$

 0.01 

 

$

 (0.11)