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Computation of (Loss)/Earnings Per Share
 3 Months Ended
Mar. 31, 2019
Computation of (Loss)/Earnings Per Share [Abstract]  
Computation of Earnings Per Share
10.
Computation of (Loss)/Earnings Per Share

Basic and diluted earnings per share are calculated as follows:

  
For the Three Months Ended
March 31,
 
  
2019
  
2018
 
Net (loss)/income
 
$
(1,308,200
)
 
$
317,300
 
Weighted average shares outstanding for the period used in computation of basic and diluted (loss)/earnings per share
  
1,545,884
   
1,416,699
 
Basic (loss)/earnings per share
 
$
(0.85
)
 
$
0.22
 
Diluted (loss)/earnings per share
 
$
(0.85
)
 
$
0.22
 

Basic (loss)/earnings per common share is computed using net (loss)/income and the weighted average number of common shares outstanding during the period.  Diluted (loss)/earnings per common share is computed using net (loss)/income and the weighted average number of common shares outstanding, assuming dilution.  Weighted average common shares outstanding, assuming dilution, include potentially dilutive common shares outstanding during the period.