8. Net income (loss) per share

9 Months Ended

Sep. 30, 2013

Earnings Per Share [Abstract]

8. Net income (loss) per share

The following table sets forth the information needed to compute basic and diluted earnings per share:

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Basic net income (loss) per common share
Net income (loss) from continuing operation	$	60,718		$	15,318		$	(367,291	)	$	96,323
Net income (loss) from Discontinue operation		(11,273	)		(122,635	)		351,069			(75,341	)
Numerator for basis net income per share	$	49,445		$	(107,317	)	$	(16,222	)	$	20,982
Basic net income (loss) per common share
Net income (loss) from continuing operation	$	0.00		$	0.00		$	(0.01	)	$	0.00
Net income (loss) from Discontinue operation		0.00			0.00			0.01			0.00
Net income per common share	$	0.00		$	0.00		$	(0.00	)	$	0.00
Diluted net income (loss) per common share
Net income (loss) from continuing operation	$	(0.00	)	$	0.00		$	0.00		$	0.00
Net income (loss) from Discontinue operation		0.00			0.00			0.00			0.00
Net income per common share	$	0.00		$	0.00		$	(0.00	)	$	0.00
Weighted average common shares outstanding:		33,902,907			30,917,270			33,321,502			30,209,356
Dilutive securities
Preferred Stock A, B, C, D		40,921,516			42,913,524			40,921,516			29,548,522
Options		2,042,611			2,246,241			1,408,429			1,830,888
Warrants		0			0			0			0
Diluted weighted average common shares outstanding and assumed conversion		76,867,034			76,077,035			75,651,947			61,588,766

For the nine month period ended September 30, 2013 and the three months September 30, 2102 certain potential shares of common stock have been excluded from the calculation of diluted income per share because the exercise price was greater than the average market price of our common stock, and therefore, the effect on diluted income per share would have been anti-dilutive. Also for those periods we had a net loss, these shares are also excluded because the effect on the diluted income per share would have been anti-dilutive. The following table sets forth the number of potential shares of common stock that have been excluded from diluted net income per share because their effect was anti-dilutive.

	Three Months Ended September 30,
	2013		2012
Warrant		6,178,233		5,378,233