SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2022

Schedule Of Earnings Per Share Basic And Diluted [Abstract]

Summary of earnings per share basic and diluted

The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share calculations for the three months ended March 31, 2022 and 2021.

	For the three months ended March 31, 2022		For the three months ended March 31, 2021
Numerator
Net income	$	1,400,897	$	3,006,307
Denominator:
Weighted average shares outstanding - basic		13,858,884		13,107,593
Effect of stock plans		19,420		—
Weighted average shares outstanding - diluted		13,878,304		13,107,593
Earnings per common share:
Basic	$	0.10	$	0.23
Diluted		0.10		0.23