Earnings Per Common Share (EPS) (Tables)

12 Months Ended

Dec. 31, 2021

Earnings Per Common Share (EPS)

Schedule of earnings per share, basic and diluted

	YEARS ENDED
	DECEMBER 31,
	2021		2020
Basic Earnings Per Share Computation:
Net income	$	341,096	$	10,323,684
Weighted average number of common shares		9,069,903		8,460,558
Basic Earnings Per Share	$	0.04	$	1.22
Diluted Earnings Per Share Computation:
Net income	$	341,096	$	10,323,684
Weighted average number of common shares		9,069,903		8,460,558
Incremental shares from assumed conversions
of dilutive securities		90,292		142,612
Adjusted weighted average number of
common shares		9,160,195		8,603,170
Diluted Earnings Per Share	$	0.04	$	1.20