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Loss Per Share
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Earnings Per Share:    
Loss Per Share  

NOTE 6 – Loss Per Share

 

The following data show the amounts used in computing loss per share and the effect on income and the weighted average number of shares of dilutive potential common stock for the periods ended December 31, 2015 and 2014:

 

 

 

Year Ended December 31

 

 

2015

 

2014

Loss from continuing operations available to common stockholders (numerator)

 

 

 

 

$

(1,696,282)

$

(3,116,080)

Weighted average number of common shares outstanding used in loss per share during the period (denominator

 

6,228,108

 

6,103,447

 

 

Dilutive loss per share was not presented as the Company had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share or its effect is anti-dilutive.

Loss Per Share.

NOTE 4 – Loss Per Share

 

The following data show the amounts used in computing loss per share and the effect on income and the weighted average number of shares of dilutive potential common stock for the periods ended September 30, 2016 and 2015:

 

 

Three Months Ending

 

Nine Months Ending

 

Sept. 30, 2016

 

Sept. 30, 2015

 

Sept. 30, 2016

 

Sept. 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing

 

 

 

 

 

 

 

 

 

 

 

operations available to

 

 

 

 

 

 

 

 

 

 

 

Common stockholders (numerator)

$

(719,320)

 

$

(587,130)

 

$

(1,931,833)

 

$

(1,399,378)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of common shares

 

 

 

 

 

 

 

 

 

 

 

outstanding used in loss per share during

 

 

 

 

 

 

 

 

 

 

 

the Period (denominator)

 

6,259,349

 

 

6,234,834

 

 

6,243,642

 

 

6,224,939

 

Dilutive loss per share was not presented as the Company had no common equivalent shares for all periods presented that would affect the computation of diluted loss per share or its effect is anti-dilutive.