Net (Loss) Per Share

Basic (loss) per share (EPS) was computed by dividing net (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS differs from basic EPS due to the assumed conversion of potentially dilutive awards and options that were outstanding during the period. The following is a reconciliation of the numerators and the denominators of the basic and diluted per share computations for net (loss) for the three months ended March 31, 2019 and March 31, 2018.



	Three Months Ended March 31,
	2019			2018
Numerator:
Numerator for basic and diluted (loss) per share, net income (loss) available to common shareholders	$	(1,072,889	)	$	(1,050,806	)
Denominator:
Denominator for basic (loss) per share, weighted average shares outstanding	12,621,857			12,026,622
Effect of dilutive securities	—			—
Denominator for diluted earnings per share, adjust weighted average shares and assumed conversion	12,621,857			12,026,622
Basic (loss) per common share	$	(0.09	)	$	(0.09	)
Diluted (loss) per common share and common share equivalent	$	(0.09	)	$	(0.09	)

The awards and options to purchase shares of common stock that were outstanding at March 31, 2019 and March 31, 2018 that were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive, are as follows:



	Three Months Ended March 31,
	2019	2018
Anti-dilutive awards and options	3,874,935	3,877,750