Net Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2016

4.	Net income (loss) per common share:

Basic net income (loss) per common share is computed by dividing the net income (loss) by the weighted average number of common shares outstanding for the period. Diluted net income (loss) per common share is computed by adjusting the numerator and denominator of the basic net income (loss) per share calculation for the potential impact of dilutive securities.

For the three and nine months ended September 30, 2016 and 2015, all stock options were anti-dilutive and were excluded from the diluted weighted average common shares outstanding for those periods.