XML 22 R12.htm IDEA: XBRL DOCUMENT v3.19.2
Earnings Per Share
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 6 – EARNINGS PER SHARE

 

The following table sets forth the computation of basic and diluted earnings per share.

 

   Three Months Ended
June 30,
   Six Months Ended
June 30,
 
   2019   2018   2019   2018 
Numerator                
Net income  $406,617   $280,509   $413,146   $91,330 
                     
Denominator                    
Weighted average shares outstanding used in computing earnings per share                    
Basic   12,743,379    10,979,086    12,412,442    10,373,326 
Effect of dilutive stock options, warrants, and unvested restricted stock awards   1,063,382    970,507    1,055,120    1,144,278 
Diluted   13,806,761    11,949,593    13,467,562    11,517,604 
                     
Earnings per share                    
Basic  $0.03   $0.03   $0.03   $0.01 
Diluted  $0.03   $0.02   $0.03   $0.01