Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Common Share

v3.21.1
Income (Loss) Per Common Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Income (Loss) Per Common Share Income (loss) Per Common Share
Basic and diluted income (loss) per share for the three months ended March 31, 2021 and 2020, respectively, were as follows: 
Three months ended March 31,
2021 2020
Numerator:
Net income (loss) available to stockholders $ 1,766,707  $ (1,202,387)
Denominator:
Weighted average shares outstanding - Basic 24,850,261  24,850,250 
Effect of dilutive securities:
Stock options 272,010  — 
Weighted average shares outstanding - Diluted 25,122,271  24,850,250 
Basic income (loss) per share $ 0.07  $ (0.05)
Diluted income (loss) per share $ 0.07  $ (0.05)
Anti-dilutive shares underlying stock options outstanding —  20,158