Earnings Per Common Share

12 Months Ended

Dec. 31, 2024

Earnings Per Common Share

Earnings Per Common Share

Note 14. Earnings Per Common Share

The calculation of net income per common share for the years ended December 31, 2024 and 2023 are as follows:

	Year Ended
	December 31,
	2024		2023
Basic earnings per share:
Net income	$	(111,563)	$	1,429,094
Weighted average common shares outstanding		2,893,871		2,873,500
Basic net income per share	$	(0.04)	$	0.50

Diluted earnings per share calculations were not required for 2024 and 2023 as there were no options outstanding at December 31, 2024 and 2023.