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EARNINGS / (LOSS) PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2017
EARNINGS / (LOSS) PER SHARE [Abstract]  
Reconciliation of Net Income and Weighted Average Shares Used in Computing Basic and Diluted Net Income per Share
A reconciliation of net income and weighted average shares used in computing basic and diluted net income per share is as follows:

 
Twelve Months Ended
December 31,
 
 
2017
 
2016
 
 
(In thousands, except per share data)
 
     
Basic net (loss) per share:
    
Net (loss) applicable to common shares
 
$
(11,163,964
)
 
$
(2,780,686
)
Weighted average common shares outstanding
  
14,982,791
   
13,068,597
 
Basic net (loss) per share of common stock
 
$
(0.75
)
 
$
(0.21
)
Diluted net (loss) per share:
        
Net (loss) applicable to common shares
 
$
(11,163,964
)
 
$
(2,780,686
)
Weighted average common shares outstanding
  
14,982,791
   
13,068,597
 
Dilutive effects of convertible debt, stock options and warrants
  
-
   
-
 
Weighted average common shares, assuming dilutive effect of stock options
  
14,982,791
   
13,068,597
 
Diluted net (loss) per share of common stock
 
$
(0.75
)
 
$
(0.21
)