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6. Earnings Per Share

6 Months Ended

Jun. 30, 2018

Notes

6. Earnings Per Share

6.             Earnings per Share

Basic and diluted earnings (loss) per share are calculated by dividing net income (loss) by the weighted average number of common shares outstanding – basic and diluted, respectively. The calculation of the weighted average number of common shares outstanding – diluted includes the following common stock equivalents: 

	June 30, 2018					June 30, 2017
		Three Months		Six Months			Three Months		Six Months
Stock options		7,321,665		7,491,141			3,250,000		-
Stock purchase warrants		1,200,000		1,200,000			1,200,000		-
Total		16,958,334		8,862,500			4,450,000		-

For the six month period ending June 30, 2017, all outstanding stock options and warrants were excluded from the computation of diluted loss per share, because they were anti-dilutive.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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