Income (Loss) Per Common Share

9 Months Ended

Sep. 30, 2023

Income Per Common Share

Basic and diluted loss per share for the three and nine months ended September 30, 2023 and 2022, respectively, were as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Numerator:
Net loss available to stockholders	$	(481,573)	$	(256,712)	$	(2,751,711)	$	(1,023,521)

Denominator:
Weighted average shares outstanding - Basic	24,850,261		24,850,261		24,850,261		24,850,261
Effect of dilutive securities:
Stock options	—		—		—		—
Weighted average shares outstanding - Diluted	24,850,261		24,850,261		24,850,261		24,850,261

Basic loss per share	$	(0.02)	$	(0.01)	$	(0.11)	$	(0.04)
Diluted loss per share	$	(0.02)	$	(0.01)	$	(0.11)	$	(0.04)

Anti-dilutive shares underlying stock options outstanding	1,829,051		971,001		1,829,051		836,001