v3.23.1
Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2023
Earnings (Loss) Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

NOTE 7—EARNINGS (LOSS) PER SHARE

 

The computation of weighted average shares outstanding and the basic and diluted earnings per share for the three months ended March 31, 2023 and 2022 consisted of the following:

 

   

Three Months Ended

March 31,

    2023     2022  
Net income (loss)   $ (147,839 )   $ 206,505  
Weighted average shares outstanding     85,214,086       84,989,086  
Basic earnings (loss) per share   $ (0.00 )   $ 0.00  
                 
Weighted average shares outstanding     85,214,086       84,989,086  
Effect on dilutive stock awards     -       750,000  
Total potential shares outstanding     85,214,086       85,739,086  
Diluted earnings (loss) per share   $ (0.00 )   $ 0.00  

 

For the three months ended March 31, 2023,there were 450,000 common share equivalents excluded from the diluted earnings per share calculation as their effect is anti-dilutive.