Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v2.4.0.8
NET LOSS PER SHARE
 6 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
6.
NET LOss per share
 
The following table reconciles the weighted-average shares outstanding for basic and diluted net loss per share for the three and six months ended June 30, 2014 and 2013:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2014
 
2013
 
2014
 
2013
 
Basic:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(289,401)
 
$
(87,462)
 
$
(673,073)
 
$
(75,604)
 
Weighted-average shares used in computing basic earnings per share
 
 
5,101,770
 
 
5,101,770
 
 
5,101,770
 
 
5,101,770
 
Net loss per share - Basic
 
$
(0.06)
 
$
(0.02)
 
$
(0.13)
 
$
(0.01)
 
Diluted:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss
 
$
(289,401)
 
$
(87,462)
 
$
(673,073)
 
$
(75,604)
 
Weighted-average shares used in computing basic earnings per share
 
 
5,101,770
 
 
5,101,770
 
 
5,101,770
 
 
5,101,770
 
Net loss per share - Diluted
 
$
(0.06)
 
$
(0.02)
 
$
(0.13)
 
$
(0.01)
 
 
217,500 restricted share units (“RSUs”) had been granted during the three and six months ended June 30, 2014 and have been excluded from the above calculation as they were anti-dilutive.