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Net (Loss) Income Per Share
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Net (Loss) Income Per Share

NOTE 11 – NET (LOSS) INCOME PER SHARE

Basic and diluted net (loss) income per share were calculated as follows for the three and six periods ended June 30, 2023 and 2022:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Basic and diluted net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(2,399,496

)

 

$

322,822

 

 

$

(2,800,008

)

 

$

902,056

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - basic

 

 

20,397,741

 

 

 

19,940,902

 

 

 

20,325,029

 

 

 

19,416,832

 

Effect of dilutive securities

 

 

-

 

 

 

1,239,588

 

 

 

-

 

 

 

930,085

 

Weighted average common shares outstanding - diluted

 

 

20,397,741

 

 

 

21,180,490

 

 

 

20,325,029

 

 

 

20,346,917

 

Net (loss) income per share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.12

)

 

$

0.02

 

 

$

(0.14

)

 

$

0.05

 

Diluted

 

$

(0.12

)

 

$

0.02

 

 

$

(0.14

)

 

$

0.04