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Earnings (loss) per Share
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
8. Earnings (loss) per Share
 
The following table sets forth the computation of basic and diluted earnings (loss) per share:
 
 
 
Year ended December 31
 
 
 
2015
 
2014
 
Numerator:
 
 
 
 
 
 
 
Net income (loss)
 
$
(1,224,667)
 
$
724,569
 
Denominator:
 
 
 
 
 
 
 
Denominator for basic earnings (loss) per share – weighted average shares
 
 
12,870,000
 
 
12,666,000
 
 
 
 
 
 
 
 
 
Dilutive effect of employee stock options and other warrants
 
 
-
 
 
145,000
 
 
 
 
 
 
 
 
 
Denominator for diluted earnings (loss) per share – adjusted weighted average shares
 
 
12,870,000
 
 
12,811,000
 
 
 
 
 
 
 
 
 
Basic earnings (loss) per share
 
$
(0.10)
 
$
0.06
 
Diluted earnings (loss) per share
 
$
(0.10)
 
$
0.06
 
 
For the years ended December 31, 2015 and 2014, options and warrants totaling 1,855,257 and 1,036,565, respectively, shares of common stock were not included in the denominator for diluted earnings (loss) per share because their effect would be anti-dilutive or because the shares were deemed contingently issuable.