2023

2022

Basic earnings per share of common stock:

Numerator -

Net income attributable to common stockholders

$

1,598,020

$

1,214,724

Denominator -

Weighted-average shares outstanding - basic

28,279,701

Income per share of common stock - basic

$

0.06

$

0.04

Diluted earnings per share of common stock:

Numerator -

Net income attributable to common stockholders

$

1,598,020

$

1,214,724

Add: Preferred stock dividends for assumed conversion

146,199

109,418

Net income allocated to common stockholders

$

1,744,219

$

1,324,142

Denominator -

Weighted-average shares outstanding - basic

28,279,701

Incremental shares from assumed conversion of options, warrants and preferred stock, as appropriate

3,828,053

3,826,754

Weighted average common stock outstanding - diluted

32,107,754

32,106,455

Income per share of common stock - diluted

$

0.05

$

0.04