EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 13. EARNINGS PER SHARE

Basic and diluted earnings per share of common stock have been computed as follows:

	Year Ended December 31,
	2023		2022
Numerator:
Net income	$	7,436,045	$	1,065,157
Denominator:
Weighted average shares of common stock outstanding - basic		29,698,498		28,643,464
Effect of dilutive restricted stock units		74,000		-
Effect of dilutive options				31,636
Weighted average shares of common stock outstanding - diluted		29,772,498		28,675,100
Earnings per common share - basic	$	0.25	$	0.04
Earnings per common share - diluted	$	0.25	$	0.04