Earnings Per Common Share (EPS)

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Common Share (EPS)

The computations of basic and diluted EPS for the years ended were as follows:

	YEARS ENDED
	DECEMBER 31,
	2019		2018
Basic Earnings (Loss) Per Share Computation:
Net income (loss)	$	226,255	$	(1,456,476	)
Weighted average number of common shares		83,974,536		83,274,171
Basic Earnings (Loss) Per Share	$	0.00	$	(0.02	)
Diluted Earnings (Loss) Per Share Computation:
Net income (loss)	$	226,255	$	(1,456,476	)
Weighted average number of common shares		83,974,536		83,274,171
Incremental shares from assumed conversions
of stock options		35,749		-
Adjusted weighted average number of
common shares		84,010,285		83,274,171
Diluted Earnings (Loss) Per Share	$	0.00	$	(0.02	)

Unexercised stock options and restricted stock awards of 4,015,834 for the year ended December 31, 2018, have been excluded from the computation of loss per share because inclusion of these securities would have been anti-dilutive.