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

6 Months Ended

Jun. 30, 2021

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended		Six Months Ended
	June 30, 2021	June 30, 2020	June 30, 2021	June 30, 2020
Net income:
Net income from operations	$272,088	$141,625	$548,022	$192,232
Preferred stock dividends	(13,684)	(13,163)	(27,369)	(33,538)
Net income available to common shareholders	258,404	128,462	520,653	158,694
Basic income per share:
Weighted average common shares outstanding used in income per share	16,660,121	14,542,192	16,565,911	14,542,192
Basic income per share	0.02	0.01	0.03	0.01
Diluted income per share:
Shares used in diluted income per share	19,588,985	17,599,562	19,471,962	17,182,766
Diluted income per share	0.01	0.01	0.03	0.01
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	16,660,121	14,542,192	16,565,911	14,542,192
Effect of dilutive stock options	2,642,694	2,717,207	2,620,629	2,315,321
Effect of dilutive warrants	286,170	340,163	285,422	325,253
Weighted average shares and share equivalents outstanding – diluted	19,588,985	17,599,562	19,471,962	17,182,766