Net Income / (Loss) Per Common Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note B – Net Income / (Loss) Per Common Share

Basic net income / (loss) per common share is calculated by dividing the net income / (loss) by the weighted average number of outstanding common shares during the period. Diluted net income / (loss) per common share includes the weighted average dilutive effect of stock options and warrants. Potential common shares outstanding as of June 30, 2012 and 2011:

	June 30, 2012		June 30, 2011
Warrants		75,000		75,000
Options		3,164,080		3,036,580

The number of securities not included in the diluted net income / (loss) per common share for the three months ended June 30, 2012 and June 30, 2011 (because the effect would have been anti-dilutive) were 3,239,080 and 3,028,784, respectively. The number of securities not included in the diluted net income / (loss) per common share for the six months ended June 30, 2012 and June 30, 2011 (because the effect would have been anti-dilutive) were 3,239,080 and 3,111,580, respectively.