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Basic and Diluted Earnings Per Common Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Common Share

  8. Basic and Diluted Earnings Per Common Share

 

Basic earnings per share excludes the dilutive effects of options, warrants and other convertible securities. Diluted earnings per share reflects the potential dilutions of securities that could share in the Company’s earnings. Options, warrants and convertible preferred stock representing approximately 453,000 and 424,000 shares (after taking into account the proportion adjustments as a result of the reverse/forward split described in Note 9) were excluded from the computations of diluted net loss per common share for the years ended December 31, 2016 and 2015, respectively, as their effect was anti-dilutive.