1. UNAUDITED INTERIM FINANCIAL STATEMENTS: Income (Loss) Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables)

9 Months Ended

Sep. 30, 2020

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended		Nine Months Ended
	September 30, 2020	September 30, 2019	September 30, 2020	September 30, 2019
Net income:
Net income from operations	$298,290	$79,309	$490,522	$215,079
Preferred stock dividends	(13,163)	(20,636)	(46,701)	(61,908)
Net income available to common shareholders	285,127	58,673	443,821	153,171
Basic income per share:
Weighted average common shares outstanding used in income per share	15,034,706	14,539,675	14,707,561	14,187,084
Basic income per share	0.02	0.00	0.03	0.01
Diluted income per share:
Shares used in diluted income per share	18,876,162	16,192,390	17,957,425	15,857,856
Diluted income per share	0.02	0.00	0.02	0.01
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	15,034,706	14,539,675	14,707,561	14,187,084
Effect of dilutive stock options	3,568,267	1,386,846	2,989,353	1,377,907
Effect of dilutive warrants	273,189	265,869	260,511	264,977
Effect of convertible promissory note	-	-	-	27,888
Weighted average shares and share equivalents outstanding – diluted	18,876,162	16,192,390	17,957,425	15,857,856