3. Earnings (Loss) per Share

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

Earnings (Loss) per Share

The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2021:

	Three Months Ended March 31, 2021
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	827,408		22,215,512	$	.04
Effect of dilutive securities
Options and warrants		-		-
Convertible notes		15,625		1,250,000
Diluted earnings per share
Net income per share with assumed conversions	$	843,033		23,465,512	$	.04

The following table sets forth the calculation of basic and diluted loss per share for the three-month period ended March 31, 2020:

	Three Months Ended March 31, 2020
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(255,041	)		22,215,512	$	(.01	)
Effect of dilutive securities
Options and warrants		-			-
Convertible notes		47,500			1,250,000
Diluted loss per share
Net loss per share with assumed conversions	$	(207,541	)		23,465,512	$	(.01	)