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Income Per Common Share (Tables)
3 Months Ended
Jun. 30, 2025
Income 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 income per share for the three-month periods ended June 30, 2025 and 2024.

 

   2025   2024 
Net income  $241,951   $291,039 
           
Shares outstanding:          
Weighted average common shares outstanding – basic   2,046,000    2,090,786 
Effect of the assumed exercise of dilutive stock options   27,309    44,635 
Weighted average common shares outstanding – dilutive   2,073,309    2,135,421 
Income per common share:          
Basic  $0.12   $0.14 
Diluted  $0.12   $0.14