2. Net Loss Per Share

6 Months Ended

Jun. 30, 2018

Notes

2. Net Loss Per Share

2. Net Loss Per Share

The calculation of net loss per share follows:

	Three Months Ended June 30, 2018	Three Months Ended June 30, 2017	Six Months Ended June 30, 2018	Six Months Ended June 30, 2017
Basic:
Net loss available to common shareholders	$ (152,046)	$ (115,297)	$ (350,072)	$ (317,918)
Average common shares outstanding-basic	826,921	826,921	826,921	826,921
Net loss per share-basic	$ (0.18)	$ (0.14)	$ (0.42)	$ (0.38)
Diluted:

Average common shares-diluted	826,921	826,921	826,921	826,921
Net loss per share-diluted	$ (0.18)	$ (0.14)	$ (0.42)	$ (0.38)

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.