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Earnings Per Common Share (EPS) (Tables) | 12 Months Ended
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Dec. 31, 2021
Earnings Per Common Share (EPS) |
Schedule of earnings per share, basic and diluted |
|  | YEARS ENDED |
|  | DECEMBER 31, |
|  | 2021 |  |  | 2020 |
Basic Earnings Per Share Computation: |  |  |  |  |  |
Net income |  | $ | 341,096 |  |  | $ | 10,323,684 |
Weighted average number of common shares |  |  | 9,069,903 |  |  |  | 8,460,558 |
Basic Earnings Per Share |  | $ | 0.04 |  |  | $ | 1.22 |
Diluted Earnings Per Share Computation: |  |  |  |  |  |  |  |
Net income |  | $ | 341,096 |  |  | $ | 10,323,684 |
Weighted average number of common shares |  |  | 9,069,903 |  |  |  | 8,460,558 |
Incremental shares from assumed conversions |  |  |  |  |  |  |  |
of dilutive securities |  |  | 90,292 |  |  |  | 142,612 |
Adjusted weighted average number of |  |  |  |  |  |  |  |
common shares |  |  | 9,160,195 |  |  |  | 8,603,170 |
Diluted Earnings Per Share |  | $ | 0.04 |  |  | $ | 1.20 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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