Three Months Ended

September 30,

Nine Months Ended

September 30,

2020*

2019

2020*

2019

Numerator:

Net income (loss)

$

(4,002,786

)*

$

94,298

$

(4,861,136

)*

$

225,927

Net income (loss) allocated to restricted stock award

264,275

—

263,128

—

Net income (loss) available to common stockholders

$

(3,738,511

)*

$

94,298

$

(4,598,008

)*

$

225,927

Denominator:

Weighted average shares outstanding used in computing net income (loss) per share:

Basic

6,037,559

5,999,487

6,020,363

5,979,715

Effect of dilutive stock options

—

317,783

—

256,958

Diluted

6,037,559

6,317,270

6,020,363

6,236,673

Net income (loss) per share applicable to common stockholders:

Basic

$

(0.62

)*

$

0.02

$

(0.76

)*

$

0.04

Diluted

$

(0.62

)*

$

0.01

$

(0.76

)*

$

0.04