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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

NOTE 8. EARNINGS (LOSS) PER SHARE

 

Net Loss per Share Calculation:

 

Basic net loss per common share (“EPS”) is computed by dividing loss available to common stockholders by the weighted-average number of common shares outstanding for the period. Dilutive earnings per share include the effect of any potentially dilutive debt or equity under the treasury stock method, if including such instruments is dilutive, assuming all dilutive potential common shares were issued. Dilutive loss per share excludes all potential common shares if their effect is anti-dilutive. The Company’s diluted earnings (loss) per share is the same as the basic earnings/loss per share for the period January 1, 2022 to March 31, 2022, as there are no potential shares outstanding that would have a dilutive effect.

 

   Period ended
March 31, 2022
   Period ended
March 31, 2021
 
Net income  $599,264   $429,056 
Dividends        30 
Adjusted Net income attribution to stockholders  $599,264   $429,056 
Weighted-average shares of common stock outstanding          
Basic and Diluted   177,922,436    177,922,436 
Net income per share          
Basic and Diluted  $0.0034   $0.0024