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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Commissions $ 655,608 $ 1,038,943
Principal transactions (3,256) (903)
Dividends and interest 8,985 36,256
Underwriting fees 6,311 30,488
Sales manager fees 0 334,825
Other revenues 10,453 3,107
Total revenues 678,101 1,442,716
Expenses    
Compensation and related costs 688,153 1,143,433
Clearing charges 185,025 302,838
General and administrative 266,260 287,653
Occupancy and equipment 101,058 127,897
Total expenses 1,240,496 1,861,821
Loss before income tax benefit (562,395) (419,105)
Income tax benefit 0 (136,651)
Net loss $ (562,395) $ (282,454)
Net loss per share    
Basic (in dollars per share) $ (0.94) $ (0.47)
Diluted (in dollars per share) $ (0.94) $ (0.47)
Weighted average shares outstanding:    
Basic (in shares) 600,090 600,090
Diluted (in shares) 600,090 600,090