Three months ended March 31,

2014

2013

Numerator:

Net loss applicable to common shareholders

$

(54,358

)

$

(1,013,630

)

Denominator:

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

1,687,319

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

$

(0.03

)

$

(0.60

)