Earnings (Loss) per Share

3 Months Ended

Mar. 31, 2023

Earnings (Loss) per Share

Earnings (loss) Per Share

Note 3.  The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2023:

	Three Months Ended March 31, 2023
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	868,270		22,215,512	$	0.04
Effect of dilutive securities
Stock dilution				162,500
Convertible notes		15,625		1,250,000
Diluted earnings per share
Net income	$	883,895		23,628,012	$	0.04

The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2022:

	Three Months Ended March 31, 2022
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(136,696	)		22,215,512	$	(0.01	)
Effect of dilutive securities
Stock dilution
Convertible notes		15,625			1,250,000
Diluted earnings per share
Net loss	$	(121,071	)		23,465,512	$	(0.01	)