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Organization and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of Estimated Useful Life of Property and Equipment

. Depreciation is provided using the straight-line method over the estimated economic lives of the assets or for leasehold improvements, over the shorter of the estimated useful life or the remaining lease term, which are summarized as follows:

 

Computer equipment   3-5 years
Furniture and office equipment   5-7 years
Leasehold improvements   7 years

Schedule of Fair Value of Assumptions Used

The assumptions used for the years ended December 31, 2017 and 2016, and the resulting estimates of weighted-average fair value per share of options granted during those periods, are as follows:

 

    Year Ended December 31,  
    2017     2016  
Expected dividend yield     0%       0%  
Expected Volatility     95% to 147%       95% to 150%  
Risk-free interest rate     1-2%       1-2%  
Expected term     7 years       7 years  

Schedule of Earnings Per Share

Earnings per share computations are as follows:

 

    Year Ended December 31,  
    2017     2016  
Net income   $ 3,262,281     $ 2,050,022  
                 
Weighted average common stock outstanding     7,919,568       7,917,356  
Incremental shares from stock options     282,324       403,361  
Incremental shares from warrants     195,485       151,475  
                 
Weighted average common stock outstanding - diluted     8,397,377       8,472,192  
                 
Net income/(loss) per common share and common equivalent shares                
Basic   $ 0.41     $ 0.26  
Diluted   $ 0.39     $ 0.24