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Income (loss) Per Common Share (Tables)
6 Months Ended
Sep. 30, 2021
Income (loss) per common share:  
Schedule of Reconciliation of Basic and Diluted Net Income (loss) Per Share

The following is a reconciliation of the number of shares used in the calculation of basic and diluted net loss per share for the three and six month periods ended September 30, 2021 and 2020.

 

   Three Months Ended   Six Months Ended 
   September 30,   September 30, 
   2021   2020   2021   2020 
Net income (loss)  $708,828   $(41,970)  $1,103,834   $(341,640)
                     
Shares outstanding:                    
Weighted avg. shares outstanding – basic   2,091,417    2,040,941    2,084,127    2,040,553 
Effect of assumed exercise of dilutive stock options   52,326    -    47,762    - 
Weighted avg. shares outstanding – dilutive   2,143,743    2,040,941    2,131,889    2,040,553 
                     
Income (loss) per common share:                    
Basic  $0.34   $(0.02)  $0.53   $(0.17)
Diluted  $0.33   $(0.02)  $0.52   $(0.17)