Annual report pursuant to Section 13 and 15(d)

Earnings Per Share of Common Stock (Tables)

v3.3.1.900
Earnings Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Common Share

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the years ended December 31, 2015, 2014 and 2013. Earnings per share is computed using the weighted average number of shares outstanding during the respective periods.

 

     2015      2014      2013  

Net income (loss)

   $ 568,545       $ (125,133    $ (1,224,683

Weighted average shares of common stock outstanding –basic and diluted

     8,639,397         6,852,917         6,214,557   
  

 

 

    

 

 

    

 

 

 

Basic and diluted earnings (loss) per common share

   $ 0.07       $ (0.02    $ (0.20