| SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED |
Basic
earnings per share are calculated using our weighted-average outstanding common shares. Diluted earnings per share (reflecting the effect
of all potentially dilutive securities – which are principally stock options and restricted stock grants) are calculated using
our weighted-average outstanding common shares including the dilutive effect of stock awards as determined under the treasury stock method.
SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED
| | |
Three Months | | |
Three Months | | |
Six Months | | |
Six Months | |
| | |
Ended | | |
Ended | | |
Ended | | |
Ended | |
| | |
April 30, | | |
April 30, | | |
April 30, | | |
April 30, | |
| Fiscal Period | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Numerator: | |
| | |
| | |
| | |
| |
| Net Income | |
$ | 908,762 | | |
$ | 1,415,238 | | |
$ | 1,821,737 | | |
$ | 2,045,126 | |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator: | |
| | | |
| | | |
| | | |
| | |
| Basic weighted average common shares outstanding | |
| 11,221,080 | | |
| 11,168,493 | | |
| 11,223,528 | | |
| 11,148,565 | |
| Unexercised portion of options and restricted stock awards | |
| 85,748 | | |
| 119,717 | | |
| 85,748 | | |
| 119,717 | |
| Diluted outstanding shares | |
| 11,306,828 | | |
| 11,288,210 | | |
| 11,309,276 | | |
| 11,268,282 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net income per share | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | 0.08 | | |
$ | 0.13 | | |
$ | 0.16 | | |
$ | 0.18 | |
| Diluted | |
$ | 0.08 | | |
$ | 0.13 | | |
$ | 0.16 | | |
$ | 0.18 | |
|