Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.20.2
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of weighted average shares basic and dilutive earnings per share

    Three months ended  
    September 30,
2020
    September 30,
2019
 
Net income   $ 3,337,333     $ 1,049,699  
Weighted average shares outstanding, basic     47,878,011       35,707,788  
Effect of dilutive outstanding warrants and stock options     3,748,123       1,898,890  
Adjusted weighted average shares outstanding, dilutive     51,626,134       37,606,678  
Basic income per shares   $ .07     $ .03  
Dilutive income per share   $ .06     $ .03  

  

    Nine months ended  
    September 30,
2020
    September 30,
2019
 
Net income   $ 3,817,758     $ 2,341,120  
Weighted average shares outstanding, basic     41,477,438       31,523,679  
Effect of dilutive outstanding warrants and stock options     2,746,245       667,348  
Adjusted weighted average shares outstanding, dilutive     44,223,683       32,191,027  
Basic income per shares   $ .09     $ .07  
Dilutive income per share   $ .09     $ .07