(LOSS) INCOME PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

(LOSS) INCOME PER SHARE

Schedule of computation of basic and diluted (loss) per common share

NOTE 2 – (LOSS) INCOME PER SHARE – (Continued)

The following table sets forth the elements of basic and diluted (loss) income per common share:

	Three months ended				Nine months ended
	September 30,				September 30,
	2021		2020		2021		2020
Numerator for basic and diluted (loss) income per common share:
Net (loss) income	$	(733,000)	$	(857,000)	$	1,383,000	$	(3,996,000)
Denominator:
Denominator for basic (loss) earnings per share - weighted average common shares outstanding		3,181,000		3,151,000		3,177,000		3,148,000
Dilutive securities (1)		—		—		14,000		—
Denominator for diluted (loss) income per share - weighted average common shares outstanding		3,181,000		3,151,000		3,191,000		3,148,000

Schedule of weighted average of anti-dilutive stock options

At September 30, 2021, and 2020, there were outstanding stock options whose exercise prices were higher than the average market values of the underlying Common Stock for the period. The weighted average of anti-dilutive stock options outstanding was as follows:

	Three months ended		Nine months ended
	September 30,		September 30,
	2021	2020	2021	2020
Weighted average anti-dilutive stock options outstanding	135,000	183,000	138,000	172,000