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

3 Months Ended

Mar. 31, 2021

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended
	March 31, 2021	March 31, 2020
Net income:
Net income	$275,934	$50,607
Preferred stock dividends	(13,685)	(20,375)
Net income available to common shareholders	262,249	30,232
Basic income per share:
Weighted average common shares outstanding used in income per share	16,470,654	14,539,675
Basic income per share	0.02	0.00

Diluted income per share:
Shares used in diluted income per share	19,341,419	16,501,851
Diluted income per share	0.01	0.00
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	16,470,654	14,539,675
Effect of dilutive stock options	2,586,500	1,741,198
ct of dilutive warrants	284,265	220,978
Weighted average shares and share equivalents outstanding – diluted	19,341,419	16,501,851