Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Common Share

v3.22.2.2
Income (Loss) Per Common Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Income (Loss) Per Common Share Income Per Common Share
    Basic and diluted income (loss) per share for the three and nine months ended September 30, 2022 and 2021, respectively, were as follows: 
Three Months Ended September 30, Nine Months Ended September 30,
2022 2021 2022 2021
Numerator:
Net income (loss) available to stockholders $ (256,712) $ 1,466,697  $ (1,023,521) $ 3,633,035 
Denominator:
Weighted average shares outstanding - Basic 24,850,261  24,850,261  24,850,261  24,850,261 
Effect of dilutive securities:
Stock options —  304,644  —  280,904 
Weighted average shares outstanding - Diluted 24,850,261  25,154,905  24,850,261  25,131,165 
Basic income (loss) per share $ (0.01) $ 0.06  $ (0.04) $ 0.15 
Diluted income (loss) per share $ (0.01) $ 0.06  $ (0.04) $ 0.14 
Anti-dilutive shares underlying stock options outstanding 971,001  777,296  836,001  777,296