Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

NOTE 12 EARNINGS (LOSS) PER SHARE

The following table provides a reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations, as required by ASC No. 260, “Earnings per Share.”

Basic earnings per share (“EPS”) is computed by dividing reported earnings available to stockholders by the weighted average shares outstanding. We had net losses for the years ended December 31, 2015 and 2014 and the effect of including dilutive securities in the earnings per common share would have been anti-dilutive for the purpose of calculating EPS. Accordingly, all options, warrants, and shares potentially convertible into common shares were excluded from the calculation of diluted earnings per share for the years ended December 31, 2015 and 2014. Total common stock equivalents that could be convertible into common stock were 21,615,767 and 13,706,369 for 2015 and 2014, respectively.

	2015			2014
Basic EPS
Net Loss	$	(3,785,014	)	$	(5,657,173	)
Weighted Average Shares		27,568,989			27,054,450
Basic Loss Per Share	$	(0.14	)	$	(0.21	)