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Note 14 - Earnings Per Share ("EPS")
 9 Months Ended
Sep. 30, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

14.

EARNINGS (LOSS) PER SHARE - COMMON STOCK (“EPS”)

 

The Company’s basic EPS is calculated using net income (loss) available to common shareholders and the weighted-average number of shares outstanding during the reporting period. Diluted EPS includes the effect from potential issuance of common stock, such as stock issuable pursuant to the exercise of stock options and warrants and the assumed conversion of preferred stock.

 

The following table sets forth options and warrants which were excluded from the diluted per share calculation because the exercise price was greater than the average market price of the common shares:

 

  

Three Months ended

September 30,

  

Nine Months ended

September 30,

 
  

2022

  

2021

  

2022

  

2021

 
                 

Stock options

  203,257   212,545   203,257   212,545 

Warrants

  4,672,025   4,689,387   4,672,025   4,689,387 

Total

  4,875,282   4,901,932   4,875,282   4,901,932