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Earnings (Loss) per Share | 12 Months Ended
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Dec. 31, 2023
Net Income (Loss) per Common Share: |
Earnings (Loss) per Share | Note 13 – Earnings (Loss) per Share Diluted Earnings per Share (“EPS”) gives effect to all dilutive potential common shares outstanding during the period. The computation of Diluted EPS does not assume conversion, exercise or contingent exercise of securities that would have an anti-dilutive effect on losses. As a result, if there is a loss from continuing operations, Diluted EPS is computed in the same manner as Basic EPS. In addition, approximately 348,000 options were excluded due to the option exercise price exceeding the weighted-average market price of our common shares. The following table summarizes the calculation of income (loss) per share.
|  |  | 2023 |  |  |  | 2022 |
Net Income (Loss) |  | $ | (12,469,605 | ) |  | $ | 7,084,130 |
Basic Weighted-Average Shares |  |  | 22,718,890 |  |  |  | 21,003,563 |
Effect of Dilutive Securities: |  |  |  |  |  |  |  |
Restricted Stock Units and Stock Options (a) |  |  | — |  |  |  | 2,384,083 |
Diluted Weighted-Average Shares |  |  | 22,718,890 |  |  |  | 23,387,646 |
Income (Loss) per Common Share |  |  |  |  |  |  |  |
Basic |  | $ | (0.55 | ) |  | $ | 0.34 |
Diluted |  | $ | (0.55 | ) |  | $ | 0.30 |
(a) | At December 31, 2023 the Company had approximately 1,361,200 RSUs and options that were excluded from the calculation of net income (loss) per share as their inclusion would be antidilutive due to a net loss for the period.
(a) | At December 31, 2023 the Company had approximately 1,361,200 RSUs and options that were excluded from the calculation of net income (loss) per share as their inclusion would be antidilutive due to a net loss for the period.

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