Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share

v3.21.1
Net Income (Loss) Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

NOTE 11 – NET INCOME (LOSS) PER SHARE

Basic and diluted net loss per share was calculated as follows for the three month periods ended March 31, 2021 and 2020:

 

 

 

For the Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Basic and diluted net income (loss) per share:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss)

 

$

41,198

 

 

$

(1,096,032

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

17,348,164

 

 

 

16,332,898

 

Effect of dilutive securities

 

 

1,293,897

 

 

 

-

 

Weighted average common shares outstanding - diluted

 

 

18,642,061

 

 

 

16,332,898

 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

Basic

 

$

0.00

 

 

$

(0.07

)

Diluted

 

$

0.00

 

 

$

(0.07

)