2. Net Loss Per Share

9 Months Ended

Sep. 30, 2017

Disclosure Text Block [Abstract]

2. Net Loss Per Share

2. Net Income (Loss) Per Share 

The calculation of net income (loss)per share follows:

	Three Months Ended  September 30, 2017	Three Months Ended September 30, 2016	Nine Months Ended   September 30, 2017	Nine Months Ended   September 30, 2016
Basic:
Net  income (loss)available to common shareholders	$ 28,623	$     (99,641)	$ (289,295)	$     16,394
Average common shares outstanding-basic	826,921	826,921	826,921	826,921
Net income (loss)per share-basic	$  0.03	$   (0.12)	$  (0.35)	$  0.02
Diluted:
Average common shares-diluted	826,921	826,921	826,921	826,921
Netincome (loss) per share-diluted	$ 0.03	$   (0.12)	$ (0.35)	$  0.02

The preferred stock is non cumulative and the Company is restricted from paying dividends. Therefore, no effect of the preferred stock is included in the loss per share calculations.