For the Three Months Ended
June 30,

For the Nine Months Ended
June 30,

2019

2018

2019

2018

Numerator:

Net income (loss) (numerator for basic and diluted earnings (loss) per share)

$

(104,062

)

$

235,484

$

(1,765,494

)

$

1,230,602

Weighted average shares outstanding (denominator for basic earnings (loss) per share)

9,533,851

9,482,842

9,531,422

9,176,390

Effects of dilutive securities:

Assumed exercise of stock options, treasury stock method

–

36,558

–

35,674

Assumed vesting of restricted stock, treasury stock method

–

28,489

–

69,271

Dilutive potential common shares

–

65,047

–

104,945

Denominator for diluted earnings (loss) per share - weighted average shares and
assumed potential common shares

9,533,851

9,547,889

9,531,422

9,281,335

Basic earnings (loss) per share

$

(0.01

)

$

0.02

$

(0.19

)

$

0.13

Dilutive earnings (loss) per share

$

(0.01

)

$

0.02

$

(0.19

)

$

0.13