Nine months ended September 30,

2013

2012

Numerator:

Net loss applicable to common shareholders

$

(1,331,992

)

$

(229,844

)

Denominator:

Denominator for earnings per share (basic and diluted) ― weighted average shares

1,687,319

1,682,661

Net loss per share applicable to common shareholders (basic and diluted):

$

(0.79

)

$

(0.14

)