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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2023
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 per share is the same as the basic earnings per share for the period January 1, 2023 to June 30, 2023, as there are no potential shares outstanding that would have a dilutive effect.

 

  

Period ended

June 30, 2023

  

Year ended

December 31, 2022

 
Net income  $735,334    767,120 
Dividends        1 
Adjusted Net income attribution to stockholders  $735,334    767,121 
Weighted-average shares of common stock outstanding          
Basic and Diluted   182,370,497    182,370,497 
Net income per share          
Basic and Diluted  $0.0040    0.0086