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Income (Loss) Per Common Share (Tables)

6 Months Ended

Sep. 30, 2018

Income (loss) per common share:

Schedule of Reconciliation of Basic Net Loss Per Share and Diluted Loss Per Share

The following is a reconciliation of the number of shares used in the calculation of basic and diluted net income (loss) per share for the three and six month periods ended September 30, 2018 and 2017.

		Three Months Ended								Six Months Ended
		September 30								September 30
		2018				2017				2018				2017
Net income (loss)		$	22,031			$	(189,170	)		$	36,451			$	(484,722	)
Shares outstanding:
Weighted avg. shares outstanding – basic			2,040,052				2,037,266				2,038,659				2,037,266
Effect of assumed exercise of dilutive stock options			-				-				-				-
Weighted avg. shares outstanding – dilutive			2,040,052				2,037,266				2,038,659				2,037,266
Income (loss) per common share:
Basic		$	0.01			$	(0.09	)		$	0.02			$	(0.24	)
Diluted		$	0.01			$	(0.09	)		$	0.02			$	(0.24	)

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- References

No definition available.

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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