XML 24 R22.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Income (loss) Per Common Share (Tables)
9 Months Ended
Dec. 31, 2019
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 nine month periods ended December 31, 2019 and 2018:

 

    Three Months Ended     Nine Months Ended  
    December 31     December 31  
    2019     2018     2019     2018  
Net income (loss)   $ 35,196     $ (13,076 )   $ (101,777 )   $ 23,375  
                                 
Shares outstanding:                                
Weighted avg. shares outstanding – basic     2,040,166       2,040,166       2,040,166       2,039,165  
Effect of assumed exercise of dilutive stock options     -       -       -       -  
Weighted avg. shares outstanding – dilutive     2,040,166       2,040,166       2,040,166       2,039,165  
                                 
Income (loss) per common share:                                
Basic   $ 0.02     $ (0.01 )   $ (0.05 )   $ 0.01  
Diluted   $ 0.02     $ (0.01 )   $ (0.05 )   $ 0.01