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Net Income Per Share
9 Months Ended
Sep. 30, 2014
Net Income Per Share [Abstract]  
Net Income Per Share

Note 6: Net Income Per Share

 

Computation of net income per share is as follows:

                                 
    Three Months Ended September 30,     Nine Months Ended September 30,                      
   

2014

   

2013

   

2014

   

2013

 
                         

Net income (loss)

  $ (97,828)     $ 319,587     $ 276,712     $ 930,593  
                                 

Basic weighted average common shares outstanding

    5,020,005       3,026,032       4,761,469       2,986,273  

Add incremental shares for:

                               

Warrants

    -       5,290       27,128       9,277  

Stock options

    -       108,670       26,177       134,741  

Diluted weighted average common shares outstanding

    5,020,005       3,139,992       4,814,774       3,130,291  
                                 

Net income (loss) per share:

                               

Basic

  $ (0.02)     $ 0.11     $ 0.06     $ 0.31  

Diluted

  $ (0.02)     $ 0.10     $ 0.06     $ 0.30  

There were no dilutive securities included in the computation of diluted earnings per share for the three months ended September 30, 2014 because their inclusion would be anti-dilutive.