Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

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

    Three months ended  
    June 30,
2020
    June 30,
2019
 
Net income   $ 2,573,943     $ 1,062,000  
Weighted average shares outstanding, basic     38,616,610       30,326,304  
Effect of dilutive outstanding warrants and stock options     2,399,782       1,097,453  
Adjusted weighted average shares outstanding, dilutive     41,016,392       31,426,757  
Basic income per shares   $ .07     $ .04  
Dilutive income per share   $ .06     $ .03  

 

    Six months ended  
    June 30,
2020
    June 30,
2019
 
Net income   $ 480,425     $ 1,291,421  
Weighted average shares outstanding, basic     38,224,109       29,389,636  
Effect of dilutive outstanding warrants and stock options     2,017,183       1,065,646  
Adjusted weighted average shares outstanding, dilutive     40,241,292       30,455,282  
Basic income per shares   $ .01     $ .04  
Dilutive income per share   $ .01     $ .04