Net Loss Per Common Share

9 Months Ended

Sep. 30, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note B – Net Loss Per Common Share

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

	September 30, 2012		September 30, 2011
Warrants		375,000		75,000
Options		3,139,080		3,081,580

There were no securities included in the diluted net loss per common share for the three and nine months ended September 30, 2012 and September 30, 2011 (because the effect would have been anti-dilutive).