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Loss Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Loss Per Share

13. LOSS PER SHARE

 

Basic loss per share is computed based on the weighted average number of common shares outstanding. The calculation of diluted loss per share adds dilutive stock options computed using the treasury stock method as follows:

 

    2017     2016     2015  
                   
Basic weighted average common shares outstanding     5,899,802       4,768,013       4,677,500  
Dilutive stock options using treasury stock method     -       -       -  
                         
Diluted weighted average common shares outstanding     5,899,802       4,768,013       4,677,500  

 

For the years ended December 31, 2017, 2016 and 2015, common stock equivalents excluded from the calculation of weighted average shares because they were antidilutive are as follows:

 

    2017     2016     2015  
                   
Stock options     389,687       390,525       390,525  
Unvested shares of restricted common stock     5,555       24,832       16,667  
                         
Total     395,242       415,357       407,192