Earnings Per Common Share (EPS) (Tables)

6 Months Ended

Jun. 30, 2021

Earnings Per Common Share (EPS)

Schedule of earnings per common share

	THREE MONTHS ENDED					SIX MONTHS ENDED
	JUNE 30,					JUNE 30,
	2021			2020		2021		2020
	(Unaudited)
Basic Earnings Per Share Computation:
Net (loss) income	$	(204,731	)	$	488,627	$	380,693	$	972,515
Weighted average number of common shares		9,072,281			8,392,031		9,033,905		8,388,020
Basic Earnings Per Share	$	(0.02	)	$	0.06	$	0.04	$	0.12
Diluted Earnings Per Share Computation:
Net (loss) income	$	(204,731	)	$	488,627	$	380,693	$	972,515
Weighted average number of common shares		9,072,281			8,392,031		9,033,905		8,388,020
Incremental shares from assumed conversions of dilutive securities		-			104,395		157,627		78,420
Adjusted weighted average number of common shares		9,072,281			8,496,426		9,191,532		8,466,440
Diluted Earnings Per Share	$	(0.02	)	$	0.06	$	0.04	$	0.11