INCOME PER SHARE

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

INCOME PER SHARE

14. Income Per Share

The Company presents both basic and diluted income per share on the face of its consolidated statements of income. Basic and diluted income per share are calculated as follows:

	2022		2021
Net income attributable to controlling interest	$	7,021,604	$	3,449,162
Weighted average common shares outstanding:
Basic		12,379,316		12,316,254
Diluted		12,466,415		12,505,522
Net income per common share attributable to controlling interest:
Basic	$	0.57	$	0.28
Diluted	$	0.56	$	0.28

Certain stock options whose terms and conditions are described in Note 15, “Stock Options” could potentially dilute basic EPS in the future, but were not included in the computation of diluted EPS because to do so would have been anti-dilutive. Those anti-dilutive options are as follows.

	2022		2021
Anti-dilutive options		1,304,000		21,000

There were no preferred shares issued and outstanding during the years ended December 31, 2022 or 2021.