SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Summary of Significant Accounting Policies - Schedule of Computation of Dilutive Common Share Equivalents Under Treasury Stock Method

The following table illustrates the computation of the dilutive common share equivalents under the Treasury Stock Method:  

Treasury Stock Method Calculation
Total Shares Outstanding		40,692,286
Potential Incremental Shares:
Average Exercise Price	$	0.22
Current Market Price	$	0.78
Shares eligible for Purchase		3,525,000
Average Price Received		769,586
Shares at Market Price		986,648
Incremental Shares under Treasury Stock Method		2,538,352

Summary of Significant Accounting Policies -Schedule of Earnings Per Share, Basic and Diluted

The following table reconciles the shares outstanding and net income used in the computations of both basic and diluted earnings per share of common stockholders:   

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Net income	$	341,085	$	142,049	$	108,363	$	242,882
Weighted average shares outstanding during period on which basic earnings per share is calculated		40,692,286		40,692,286		40,692,286		40,692,286
Effect of dilutive shares
Incremental shares under stock-based compensation		2,538,352		3,400,000		2,538,352		3,400,000
Weighted average shares outstanding during period on which diluted earnings per share is calculated		43,230,638		44,092,286		43,230,638		44,092,286
Earnings per share attributable to common stockholders
Basic earnings per share	$	0.01	$	0.00	$	0.00	$	0.01
Diluted earnings per share	$	0.01	$	0.00	$	0.00	$	0.01