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EARNINGS PER SHARE COMPUTATION
 12 Months Ended
Dec. 31, 2018
EARNINGS PER SHARE COMPUTATION  
17. EARNINGS PER SHARE COMPUTATION

17. EARNINGS PER SHARE COMPUTATION

 

Net income (loss) per common share is calculated as follows:

 

 

 

Year ended December 31, 2018

 

 

 

Loss

 

 

Shares

 

 

Per share

 

 

 

(numerator)

 

 

(denominator)

 

 

amount

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(1,485,637)

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders

 

$(1,485,637)

 

 

826,921

 

 

$(1.80)

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders

 

$(1,485,637)

 

 

826,921

 

 

$(1.80)

 

 

 

Year ended December 31, 2017

 

 

 

Loss

 

 

Shares

 

 

Per share

 

 

 

(numerator)

 

 

(denominator)

 

 

amount

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$(319,426)

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders

 

$(319,426)

 

 

826,921

 

 

$(0.39)

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Income attributable to common stockholders

 

$(319,426)

 

 

826,921

 

 

$(0.39)

 

There were no common stock equivalents for the years December 31, 2018 and 2017.

 

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 earnings per share calculations.