| Income (Loss) Per Common Share |
Income (loss) Per Common Share Basic and diluted income (loss) per share for the three and nine months ended September 30, 2021 and 2020, respectively, were as follows:
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Three Months Ended September 30, |
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Nine Months Ended September 30, |
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2021 |
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2020 |
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2021 |
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2020 |
| Numerator: |
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| Net income (loss) available to stockholders |
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$ |
1,466,697 |
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$ |
(231,920) |
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$ |
3,633,035 |
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$ |
(2,088,195) |
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| Denominator: |
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| Weighted average shares outstanding - Basic |
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24,850,261 |
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24,850,261 |
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24,850,261 |
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24,850,257 |
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| Effect of dilutive securities: |
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| Stock options |
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304,644 |
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— |
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280,904 |
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— |
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| Weighted average shares outstanding - Diluted |
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25,154,905 |
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24,850,261 |
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25,131,165 |
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24,850,257 |
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| Basic income (loss) per share |
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$ |
0.06 |
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$ |
(0.01) |
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$ |
0.15 |
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$ |
(0.08) |
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| Diluted income (loss) per share |
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$ |
0.06 |
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$ |
(0.01) |
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$ |
0.14 |
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$ |
(0.08) |
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| Anti-dilutive shares underlying stock options outstanding |
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777,296 |
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2,536,664 |
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777,296 |
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2,555,097 |
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