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EARNINGS PER SHARE
 3 Months Ended
May 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

NOTE 6: EARNINGS PER SHARE

 

The following table sets forth the computation of basic and diluted earnings per share:

           
   Three Months Ended May 31, 
   2023   2022 
         
Numerator for basic and diluted earnings per share  $53,406   $305,636 
           
Denominator for basic earnings per share - weighted average   15,742,073    15,729,175 
           
Effects of dilutive securities:          
Stock options for employees, directors and outside consultants   27,369    23,249 
Denominator for diluted earnings per share   15,769,442    15,752,424 
           
Basic Earnings Per Share  $0.00   $0.02 
           
Diluted Earnings Per Share  $0.00   $0.02 

 

At May 31, 2023, the Company had 137,393 outstanding options which were not included in the computation of diluted earnings per share. The exercise price of these options was in excess of the market price and the inclusion of these options would have an anti-dilutive effect.