Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share (Tables)

v3.21.1
Net Income (Loss) Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net 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

)