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Net Loss Per Common Share
3 Months Ended
Mar. 31, 2016
Earnings Per Share [Abstract]  
Net Income Per Common Share
NET LOSS PER COMMON SHARE

Basic earnings per common share exclude all dilutive stock options and are computed using the weighted average number of common shares outstanding during the period. The diluted loss per common share calculation reflect the potential dilutive effect of securities that could share in earnings of an entity.  Outstanding options are excluded from the diluted earnings per share calculation where they would have an anti-dilutive effect. There were 63,688 excluded options for the three months ended March 31, 2016 and 81,166 for the three months ended March 31, 2015.

 
Three Months Ended March 31,
 
2016
 
2015
Basic and diluted loss per share
 
 
 
 
 
 
 
Loss available to common shareholders
$
(89,777
)
 
$
(524,369
)
 
 
 
 
Weighted average shares outstanding
4,919,548

 
4,891,815

 
 
 
 
Basic and diluted loss per share
$
(0.02
)
 
$
(0.11
)