| Earnings (Loss) Per Common Share (EPS) |
13. Earnings (Loss) Per Common Share (EPS) The computations of basic and diluted earnings (loss) per share were as follows for the periods presented below: | | THREE MONTHS ENDED | | | SIX MONTHS ENDED | | | | JUNE 30, | | | JUNE 30, | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | | (Unaudited) | | Basic Earnings Per Share Computation: | | | | | | | | | | | | | Net income (loss) | | $ | 66,420 | | | $ | (618,459 | ) | | $ | 143,380 | | | $ | (1,342,522 | ) | Weighted average number of common shares | | | 9,893,403 | | | | 9,586,166 | | | | 9,883,090 | | | | 9,569,660 | | Basic and Diluted earning (loss) per share | | $ | 0.01 | | | $ | (0.06 | ) | | $ | 0.01 | | | $ | (0.14 | ) | | | | | | | | | | | | | | | | | | Diluted Earnings Per Share Computation: | | | | | | | | | | | | | | | | | Net income (loss) | | $ | 66,420 | | | $ | (618,459 | ) | | $ | 143,380 | | | $ | (1,342,522 | ) | | | | | | | | | | | | | | | | | | Weighted average number of common shares | | | 9,893,403 | | | | 9,586,166 | | | | 9,883,090 | | | | 9,569,660 | | Incremental shares from assumed conversions of dilutive securities | | | 273,311 | | | | - | | | | 247,719 | | | | - | | Adjusted weighted average number of common shares | | | 10,166,714 | | | | 9,586,166 | | | | 10,130,809 | | | | 9,569,660 | | | | | | | | | | | | | | | | | | | Diluted earning (loss) per share | | $ | 0.01 | | | $ | (0.06 | ) | | $ | 0.01 | | | $ | (0.14 | ) |
For the three and six months ended June 30, 2025, the Company had unexercised stock options of 408,570 and warrants to purchase 150,000 shares of common stock, outstanding, that were anti-dilutive.
|