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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Weighted Average Number of Shares

Basic and diluted net income per share have been computed based upon net income as presented in the accompanying Statements of Operations divided by the weighted average number of common shares outstanding or assumed to be outstanding as summarized below:

 

 

 

 

 

 

 

 

 

    

2019

    

2018

    

2017

 

 

 

 

 

 

 

Weighted average number of common shares used in computing basic net income per share

 

19,016,808

 

15,812,585

 

11,763,050

 

 

 

 

 

 

 

Effect of dilutive stock options

 

46,429

 

65,048

 

63,927

 

 

 

 

 

 

 

Weighted average number of common shares and dilutive potential common shares used in computing diluted net income per share

 

19,063,237

 

15,877,633

 

11,826,977