2025

2024

Numerator:

Net income

$

7,551,613

$

3,815,907

Denominator:

Weighted average common shares:

Denominator for basic calculation

54,426,584

53,207,555

Weighted average effects of potentially diluted common stock:

Stock options (calculated under treasury method)

1,098,925

966,385

Unvested restricted stock awards

4,123,022

1,414,519

Denominator for fully diluted calculation

$

59,648,531

$

55,588,459

Net income per common share:

Basic

$

0.14

$

0.07

Fully diluted

$

0.13

$

0.07