Numerator -

Net income (loss) attributable to common stockholders

$

(8,235,576

)

$

1,922,297

Denominator -

Weighted-average shares outstanding - basic

27,272,779

28,063,545

earnings (loss) per share of common stock - basic

$

(0.30

)

$

0.07

Diluted earnings (loss) per share of common stock:

Numerator -

Net income (loss) attributable to common stockholders

$

(8,235,576

)

$

1,922,297

Denominator -

Weighted-average shares outstanding - basic

27,272,779

28,063,545

Incremental shares from assumed conversion of options warrants, as appropriate

-

495,815

Weighted average common stock outstanding - diluted

27,272,779

28,559,360

Earnings (loss) per share of common stock - diluted

$

(0.30

)

$

0.07