EARNING PER SHARE

3 Months Ended

Mar. 31, 2022

8. EARNING PER SHARE

Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options, warrants and convertible notes.

The outstanding securities at March 31, 2022 and 2021 that have a dilutive effect are as follows:

	Three months ended
	March 31, 2022	March 31, 2021
Basic and diluted EPS:

Stock Option	-	794,966
Warrants	-	-
Total	-	794,966

For the three months ended March 31, 2022 the effect of the Company’s outstanding stock options and warrants would be antidilutive and are excluded in the calculation of diluted EPS.