Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of Common Stock

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Earnings Per Share of Common Stock
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share of Common Stock

NOTE 8. EARNINGS PER SHARE OF COMMON STOCK

The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31, 2014, 2013 and 2012. Earnings per share is computed using the weighted average number of shares outstanding during the respective periods.

 

     2014      2013      2012  

Net (loss) income

    $ (125,133 )     $ (1,224,683 )     $ 600,373   

Weighted average shares of common stock outstanding – basic and diluted

      6,852,917         6,214,557         2,750,000   
  

 

 

     

 

 

     

 

 

  

Basic and diluted (loss) earnings per common share

 $ (0.02 )  $ (0.20 )  $ 0.22