Net Loss Per Share

3 Months Ended

Mar. 31, 2019

Net Loss Per Share

Net Loss Per Share

2. Net Loss Per Share

The calculation of net loss per share follows:

	Three Months Ended March 31, 2019			Three Months Ended March 31, 2018
Basic:
Net loss available to common shareholders	$	(227,508	)	$	(198,026	)
Average common shares outstanding-basic		826,921			826,921
Net loss per share-basic	$	(0.28	)	$	(0.24	)
Diluted:
Average common shares-diluted		826,921			826,921
Net loss per share-diluted	$	(0.28	)	$	(0.24	)

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.