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Earnings Per Common Share (EPS)
 3 Months Ended
Mar. 31, 2023
Earnings Per Common Share (EPS)  
Earnings Per Common Share (EPS)

14. Earnings Per Common Share (EPS)

 

The computations of basic and diluted earnings per share were as follows for the periods presented below:

 

 

THREE MONTHS ENDED

 

 

 

MARCH 31,

 

 

 

2023

 

 

2022

 

 

 

(Unaudited)

 

Basic Earnings Per Share Computation:

 

 

 

 

 

 

Net loss

 

$(951,479)

 

$(392,897)

Weighted average number of common shares

 

 

8,739,317

 

 

 

8,782,452

 

Basic Loss Per Share

 

$(0.11)

 

$(0.04)

 

 

 

 

 

 

 

 

 

Diluted Earnings Per Share Computation:

 

 

 

 

 

 

 

 

Net loss

 

$(951,479)

 

$(392,897)

 

 

 

 

 

 

 

 

 

Weighted average number of common shares

 

 

8,739,317

 

 

 

8,782,452

 

Incremental shares from assumed conversions

 

 

 

 

 

 

 

 

of dilutive securities

 

 

-

 

 

 

-

 

Adjusted weighted average number of

 

 

 

 

 

 

 

 

common shares

 

 

8,739,317

 

 

 

8,782,452

 

 

 

 

 

 

 

 

 

 

Diluted Loss Per Share

 

$(0.11)

 

$(0.04)

 

For the three months ended March 31, 2023 and 2022, the Company had unexercised stock options and RSAs of 34,682 and 30,513, respectively, and warrants to purchase 150,000 and 150,000 shares of common stock, outstanding, that were anti-dilutive.