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4. Income (loss) Per Share: Earnings Per Share: Schedule of Income (Loss) Per Share (Tables)
6 Months Ended
Jun. 30, 2012
Schedule of Income (Loss) Per Share:  
Schedule of Income (Loss) Per Share

 

Schedule of Income (Loss) Per Share

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

June 30, 2012

 

 

 

June 30, 2011

 

 

 

June 30, 2012

 

 

 

June 30, 2011

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

$

           (57,865)

 

 

$

              18,922

 

 

$

           (94,467)

 

 

$

               4,212

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding — basic

 

 

        8,978,161 

 

 

 

         8,235,697

 

 

 

       9,057,155 

 

 

 

        8,043,010

 

Effect of dilutive stock options

 

 

                       - 

 

 

 

              43,161

 

 

 

                 306 

 

 

 

           230,823

 

Effect of dilutive warrants

 

 

                       - 

 

 

 

            167,037

 

 

 

                      - 

 

 

 

           422,437

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding — assuming dilution

 

 

        8,978,161 

 

 

 

         8,445,895

 

 

 

       9,057,461 

 

 

 

        8,696,270

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share — basic

 

$

                 (.01)

 

 

$

                    .00

 

 

$

                 (.01)

 

 

$

                   .00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per share — assuming dilution

 

$

                 (.01)

 

 

$

                    .00

 

 

$

                 (.01)

 

 

$

                   .00