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Earnings Per Share
 3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
4.Earnings Per Share

Basic earnings per share are computed based on the weighted average number of shares of common stock outstanding during the period.  Diluted earnings per share take common stock equivalents (such as options and warrants) into consideration using the treasury stock method.  The Company had 7,911,726 and 7,960,775 warrants outstanding with an exercise price of $4.00 at March 31, 2015 and 2014, respectively.  The dilutive effect of the warrants for the three months ended March 31, 2015 and 2014 is presented below.

  
For the Three Months Ended
March 31,
 
  
2015
  
2014
 
     
Net income (loss)
 
$
(449,754
)
 
$
307,936
 
         
Weighted average common stock outstanding
  
8,135,274
   
8,066,336
 
Weighted average dilutive effect of stock warrants
  
-
   
887,365
 
Dilutive weighted average shares
  
8,135,274
   
8,953,701
 
         
Earnings (loss) per share:
        
Basic
 
$
(0.06
)
 
$
0.04
 
Diluted
 
$
(0.06
)
 
$
0.03