XML 36 R20.htm IDEA: XBRL DOCUMENT v3.23.1
Earnings Per Share
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

(13) Earnings Per Share

 

For the three months ended March 31, 2023 and 2022, basic and diluted net income per share are calculated as follows:

 

   Three Months Ended
March 31,		 
   2023   2022 
Basic loss per share        
Net loss for the period – numerator  $(2,733,165)  $(2,488,214)
Weighted average common stock outstanding – denominator   10,065,920    9,915,920 
Net loss per share  $(0.27)  $(0.25)
           
Diluted income per share          
Net income for the period- numerator  $(2,733,165)  $(2,488,214)
Weighted average common stock outstanding – denominator   10,065,920    9,915,920 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding – denominator   10,065,920    9,915,920 
Diluted loss per share  $(0.27)  $(0.25)

 

For the three months ended March 31, 2023 and 2022 there were no securities with dilutive effect issued and outstanding.