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Earnings Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

(14) Earnings Per Share

 

For the three months ended September 30, 2021 and 2020, basic and diluted net income per share are calculated as follows:

 

   Three Months Ended
September 30,
 
   2021   2020 
Basic income (loss) per share        
Net income (loss) for the period - numerator  $1,542,576   $(520,974)
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Net income (loss) per share  $0.03   $(0.02)
           
Diluted income per share          
Net income for the period- numerator  $1,542,576   $(520,974)
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Diluted income (loss) per share  $0.03   $(0.02)

 

For the nine months ended September 30, 2021 and 2020, basic and diluted net income per share are calculated as follows:

 

   Nine Months Ended
September 30,
 
   2021   2020 
Basic loss per share        
Net loss for the period - numerator  $(3,249,528)  $(3,937,292)
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Net loss per share  $(0.06)  $(0.15)
           
Diluted loss per share          
Net loss for the period - numerator  $(3,249,528)  $(3,937,292)
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding - denominator   54,196,300    25,816,354 
           
Diluted loss per share  $(0.06)  $(0.15)

 

For the three and nine months ended September 30, 2021 and 2020 there were no securities with dilutive effect issued and outstanding.