Net Income (Loss) Per Share

9 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

Note 8: Net Income (Loss) Per Share

Computation of net income (loss) per share is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Net income (loss)	$	(1,289,037	)	$	(97,828	)	$	(4,325,716	)	$	276,712
Basic weighted average common shares outstanding		6,858,407			5,020,005			6,062,196			4,761,469
Add incremental shares for:
Warrants		-			-			-			27,128
Stock options		-			-			-			26,177
Diluted weighted average common shares outstanding		6,858,407			5,020,005			6,062,196			4,814,774
Net income (loss) per share:
Basic	$	(0.19	)	$	(0.02	)	$	(0.71	)	$	0.06
Diluted	$	(0.19	)	$	(0.02	)	$	(0.71	)	$	0.06

For the three and nine months ended September 30, 2015, 1,026,279 stock options and 170,973 warrants were excluded from diluted net loss per share, because the effect of including these potential shares was anti-dilutive. For the three months ended September 30, 2014, 740,640 stock options and 200,973 warrants were excluded from diluted net loss per share, because the effect of including these potential shares was anti-dilutive.