Schedule of computation of earnings per share | |
| | |
| |
| |
2025 | | |
2024 | |
Numerator: | |
| | | |
| | |
Net income | |
$ | 2,586,100 | | |
$ | 309,096 | |
Denominator: | |
| | | |
| | |
Weighted average common shares: | |
| | | |
| | |
Denominator for basic calculation | |
| 53,576,030 | | |
| 52,844,638 | |
Weighted average effects of potentially diluted common stock: | |
| | | |
| | |
Stock options (calculated under treasury method) | |
| 694,077 | | |
| 789,517 | |
Unvested restricted stock awards | |
| 872,404 | | |
| 1,126,687 | |
Denominator for fully diluted calculation | |
$ | 55,142,511 | | |
$ | 54,760,842 | |
Net income per common share: | |
| | | |
| | |
Basic | |
$ | 0.05 | | |
$ | 0.01 | |
Fully diluted | |
$ | 0.05 | | |
$ | 0.01 | |