XML 37 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Share
 9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Share

(14) Earnings Per Share


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


   Three Months Ended
September 30,		 
   2020   2019 
Basic (loss) income per share        
Net (loss) income for the period - numerator  $(520,974)  $2,338,027 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Net (loss) income per share  $(0.02)  $0.11 
           
Diluted income per share          
Net income for the period- numerator  $(520,974)  $2,338,027 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Diluted (loss) income per share  $(0.02)  $0.11 

   Nine Months Ended
September 30,		 
   2020   2019 
Basic (loss) income per share        
Net (loss) income for the period - numerator  $(3,937,292)  $65,502 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Net (loss) income per share  $(0.15)  $0.003 
           
Diluted (loss) income per share          
Net (loss) income for the period - numerator  $(3,937,292)  $65,502 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   25,816,354    22,028,171 
           
Diluted (loss) income per share  $(0.15)  $0.003 

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