NOTE 7: EARNINGS PER SHARE
The
calculation of basic and diluted weighted average common shares outstanding for the three months ended March 31, 2025 and 2024 is as
follows:
SCHEDULE OF BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
| | |
| | |
| |
| | |
Three
months
ended March 31, | |
| | |
2025 | | |
2024 | |
| | |
| | |
| |
Basic
weighted average common shares
outstanding | |
| 6,867,713 | | |
| 6,809,283 | |
| Dilutive
effect of unrestricted restricted stock | |
| 6,407 | | |
| - | |
| Diluted
weighted average shares outstanding | |
| 6,874,120 | | |
| 6,809,283 | |
For
the three months ended March 31, 2025 and 2024, all stock options were excluded in the computation of diluted earnings per share because
their effect was antidilutive.
|