Nine Months Ended

Three Months Ended

November 30,

2019

2018

2019

2018

Numerator for basic and diluted earnings per share

$

419,632

$

100,813

$

279,654

$

20,259

Denominator for basic earnings per share – weighted average

15,291,968

15,078,933

15,306,008

15,164,440

Effects of dilutive securities

Stock options for employees, directors and outside consultants

62,504

205,138

65,811

221,654

Denominator for diluted earnings per share

15,354,472

15,284,071

15,371,819

15,386,094

Basic earnings per share

$

0.03

$

0.01

$

0.02

$

0.00

Diluted earnings per share

$

0.03

$

0.01

$

0.02

$

0.00