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Earnings Per Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

(13) Earnings Per Share


For the three months ended June 30, 2020 and 2019, basic and diluted net income per share are calculated as follows:


   Three Months Ended
June 30,
 
   2020   2019 
Basic (loss) income per share        
Net (loss) income for the period - numerator  $(980,031)  $450,070 
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Net (loss) income per share  $(0.04)  $0.02 
           
Diluted income per share          
Net income for the period- numerator  $(980,031)  $450,070 
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Diluted (loss) income per share  $(0.04)  $0.02 

For the six months ended June 30, 2020 and 2019, basic and diluted net income per share are calculated as follows:


   Six Months Ended
June 30,
 
   2020   2019 
Basic loss per share        
Net loss for the period - numerator  $(3,416,318)  $(2,272,525)
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Net loss per share  $(0.14)  $(0.10)
           
Diluted loss per share          
Net loss for the period - numerator  $(3,416,318)  $(2,272,525)
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   24,444,761    22,022,316 
           
Diluted loss per share  $(0.14)  $(0.10)

For the three and six months ended June 30, 2020 and 2019 there were no securities with dilutive effect issued and outstanding.