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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2017
EARNINGS (LOSS) PER SHARE [Abstract]  
EARNINGS (LOSS) PER SHARE
NOTE 8.
EARNINGS (LOSS) PER SHARE:

A reconciliation of net income and weighted average shares used in computing basic and diluted net income per share is as follows:

  
2017
  
2016
 
Net income (loss) attributable to common stock holders
 
$
(5,006,160
)
 
$
(2,304,376
)
Weighted average common shares outstanding
  
14,352,573
   
12,359,709
 
Basic net income (loss) per share of common stock
 
$
(0.35
)
 
$
(0.19
)
Diluted net income (loss) per share of common stock
 
$
(0.35
)
 
$
(0.19
)

Share based awards, inclusive of all grants made under the Plan, for which either the stock option exercise price or the fair value of the restricted share award exceeds the average market price over the period, have an anti- dilutive effect on earnings per share, and accordingly, are excluded from the diluted computations for all periods presented.