2025

2024

Numerator:

Net income

$

10,184,421

$

10,022,351

Denominator:

Denominator for basic earnings per share:

Weighted average shares outstanding

3,787,284

3,700,568

Effect of diluted employee stock options

299,792

397,981

Denominator for dilutive earnings per share

4,087,076

4,098,549

Basic earnings per share

$

2.69

$

2.71

Diluted earnings per share

$

2.49

$

2.45