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BASIC AND DILUTED INCOME AND LOSS PER COMMON SHARE (Tables)
3 Months Ended
Jun. 30, 2012
BASIC AND DILUTED INCOME AND LOSS PER COMMON SHARE  
Schedule of calculation of basic and diluted net loss per share

 

 

 

 

Three Months Ended

 

 

 

June 30, 2012

 

June 30, 2011

 

Net income (loss)

 

$

10,310

 

$

(20,504

)

Weighted-average shares — basic

 

8,168,067

 

6,455,100

 

Effect of dilutive potential common shares

 

9,786

 

 

Weighted-average shares — diluted

 

8,177,853

 

6,455,100

 

Net income (loss) per share — basic

 

$

0.00

 

$

0.00

 

Net income (loss) per share — diluted

 

$

0.00

 

$

0.00

 

Antidilutive employee stock options

 

735,214

 

585,000