XML 28 R16.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings (Loss) Per Share
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

11. EARNINGS (LOSS) PER SHARE

 

Basic earnings (loss) per share is computed based on the weighted average number of common shares outstanding. As the Company is in a net loss position; for the three and six months ended June 30, 2018 and 2017, common stock equivalents excluded from the calculation of weighted average shares because they were antidilutive are as follows:

 

   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
    2018     2017     2018     2017  
                         
Stock options     389,687       390,525 (1)     389,687       390,525 (1)
Unvested shares of restricted common stock     -       100,000       -       100,000  
Outstanding warrants     1,000,000       1,000,000       1,000,000       1,000,000  
Series A convertible preferred stock     793,349       792,037       793,349       767,823  
Total     2,183,036       2,282,562       2,183,036       2,258,348