Earnings Per Common Share (EPS)

3 Months Ended

Mar. 31, 2022

Earnings Per Common Share (EPS)

Earnings Per Common Share (EPS)

15. Earnings Per Common Share (EPS)

The computations of basic and diluted earnings per share were as follows for the periods presented below:

	THREE MONTHS ENDED
	MARCH 31,
	2022			2021
	(Unaudited)
Basic Earnings Per Share Computation:
Net income	$	(392,897	)	$	585,424
Weighted average number of common shares		8,782,452			8,995,103
Basic Earnings Per Share	$	(0.04	)	$	0.07
Diluted Earnings Per Share Computation:
Net income	$	(392,897	)	$	585,424
Weighted average number of common shares		8,782,452			8,995,103
Incremental shares from assumed conversions of dilutive securities		-			108,057
Adjusted weighted average number of common shares		8,782,452			9,103,160
Diluted Earnings Per Share	$	(0.04	)	$	0.06