The
following is a reconciliation of the number of shares used in the calculation of basic income per share and diluted income per share
for the years ended March 31:
Schedule of Reconciliation of Basic and Diluted Net Income (loss) Per Share
| | |
2025 | | |
2024 | |
| Net income | |
$ | 1,712,368 | | |
$ | 1,344,952 | |
| | |
| | | |
| | |
| Shares outstanding: | |
| | | |
| | |
| Weighted avg. common shares outstanding – basic | |
| 2,064,147 | | |
| 2,114,360 | |
| Effect of the assumed exercise of dilutive stock options | |
| 43,628 | | |
| 46,650 | |
| Weighted avg. common shares outstanding – dilutive | |
| 2,107,775 | | |
| 2,161,010 | |
| | |
| | | |
| | |
| Income per common share: | |
| | | |
| | |
| Basic | |
$ | 0.83 | | |
$ | 0.64 | |
| Diluted | |
$ | 0.81 | | |
$ | 0.62 | |
|