INCOME PER SHARE

12 Months Ended

Dec. 31, 2023

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:

	2023		2022
Net income attributable to controlling interest	$	2,775,864	$	7,021,604
Weighted average common shares outstanding:
Basic		12,434,886		12,379,316
Diluted		12,489,467		12,466,415
Net income per common share attributable to controlling interest:
Basic	$	0.22	$	0.57
Diluted	$	0.22	$	0.56

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.

	2023		2022
Anti-dilutive options		740,000		1,304,000

There were no preferred shares issued and outstanding during the years ended December 31, 2023 and 2022.