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Net Income (Loss) Per Share
3 Months Ended
Mar. 31, 2015
Net Income (Loss) Per Share [Abstract]  
Net Income (Loss) Per Share

Note 8: Net Income (Loss) Per Share

 

Computation of net income (loss) per share is as follows:



 


Three Months Ended

March 31,


2015


2014

Net income (loss)


$

(1,170,028)


$

223,372








Basic weighted average common shares outstanding



5,456,735



4,239,363

Add incremental shares for:



 



 

Warrants





32,778

Stock options





30,302

Diluted weighted average common shares outstanding



5,456,735



4,302,443






Net income (loss) per share:



 



 

Basic


$

(0.21)


$

0.05

Diluted


$

(0.21)


$

0.05


For the three months ended March 31, 2015, 821,940 stock options and 170,973 warrants were excluded from diluted net loss per share, because the effect of including these potential shares was anti-dilutive.