3. Earnings per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share Tables

Earnings Per Share

	Three Months Ended June 30, 2015
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	135,221		20,483,091	$	.01
Effect of dilutive securities
Options		-		1,361,890
Diluted earnings per share
Net income	$	135,221		21,844,981	$	.01

	Six Months Ended June 30, 2015
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	482,671		20,291,653	$	.02
Effect of dilutive securities
Options		-		1,361,890
Diluted earnings per share
Net income	$	482,671		21,653,543	$	.02

The following table sets forth the calculation of basic and diluted earnings per share for the three-month and six-month periods ended June 31, 2016:

	Three Months Ended March 31, 2016
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net income (loss)	$	(181,949	)		20,783,032	$	(.01	)
Effect of dilutive securities
Options	-				191,387	-
Diluted earnings per share
Net income per share with assumed conversions	$	(181,949	)		20,974,419	$	( .01	)

	Six Months Ended June 30, 2016
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	167,848		20,780,727	$	.01
Effect of dilutive securities
Options		-		191,387
Diluted earnings per share
Net income	$	167,848		21,972,114	$	.01