INCOME PER SHARE

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

INCOME PER SHARE

13. INCOME PER SHARE

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

	2024		2023
Net income attributable to controlling interest	$	3,038,529	$	2,775,864
Weighted average common shares outstanding:
Basic		12,454,957		12,434,886
Diluted		12,680,668		12,489,467
Net income per common share attributable to controlling interest:
Basic and diluted	$	0.24	$	0.22

Certain stock options whose terms and conditions are described in Note 14, “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.

	2024		2023
Anti-dilutive options		745,000		740,000

There were no preferred shares issued and outstanding during the years ended December 31, 2024 and 2023.