Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Schedule of Reconciliation of the Numerators and Denominators we used in the Basic and Diluted Per Share

The following table presents a reconciliation of the numerators and denominators that were used in the basic and diluted per share computations for the Company’s common stock:

	Three Months Ended June 30,					Six Months Ended June 30,
	2020		2019			2020			2019
Basic earnings per common share:
Numerator:
Net income (loss)	$	358,063	$	(560,947	)	$	(764,640	)	$	(469,158	)
Denominator:
Weighted average shares outstanding		3,615,500		3,615,500			3,615,500			3,615,500
Basic earnings per common share	$	0.10	$	(0.16	)	$	(0.21	)	$	(0.13	)
Diluted earnings per common share:
Numerator:
Net income (loss)	$	358,063	$	(560,947	)	$	(764,640	)	$	(469,158	)
Denominator:
Weighted average shares outstanding - basic		3,615,500		3,615,500			3,615,500			3,615,500
Add:  vested stock options		23,243		—			23,243			—
Number of shares used in diluted computation		3,638,743		3,615,500			3,638,743			3,615,500
Diluted earnings per common share	$	0.10	$	(0.16	)	$	(0.21	)	$	(0.13	)