BASIS OF PRESENTATION (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Schedule of Earnings Per Share

The following table presents the loss per share after preferred stock dividends calculation for the periods shown:

BASIS OF PRESENTATION

	Three months ended March 31,
	2022			2021
Numerator
Net income (loss)	$	(98,942	)	$	122,685
Accrued preferred stock dividends		(466,612	)		(359,636	)
Net loss applicable to common shareholders	$	(565,554	)	$	(236,951	)
Denominator
Weighted-average number of common shares outstanding		4,964,529			4,964,529
Loss per common share after preferred dividends, basic and diluted	$	(0.11	)	$	(0.05	)