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

9 Months Ended

Sep. 30, 2021

Tables/Schedules

Schedule of Earnings Per Share, Basic and Diluted

	Three Months Ended		Nine Months Ended
	September 30, 2021	September 30, 2020	September 30, 2021	September 30, 2020
Net income:
Net income	$188,004	$298,290	$736,026	$490,522
Preferred stock dividends	(13,685)	(13,163)	(41,054)	(46,701)
Net income available to common shareholders	174,319	285,127	694,972	443,821
Basic income per share:
Weighted average common shares outstanding used in income per share	16,660,121	15,034,706	16,597,659	14,707,561
Basic income per share	0.01	0.02	0.04	0.03
Diluted income per share:
Shares used in diluted income per share	19,688,994	18,876,162	19,585,761	17,957,425
Diluted income per share	0.01	0.02	0.04	0.02
Computation of shares used in income per share:
Weighted average shares and share equivalents outstanding – basic	16,660,121	15,034,706	16,597,659	14,707,561
Effect of dilutive stock options	2,741,040	3,568,267	2,701,422	2,989,353
Effect of dilutive warrants	287,833	273,189	286,680	260,511
Weighted average shares and share equivalents outstanding – diluted	19,688,994	18,876,162	19,585,761	17,957,425

Schedule of Anti-dilutive Securities Excluded
	Three Months Ended		Nine Months Ended
	September 30, 2021	September 30, 2020	September 30, 2021	September 30, 2020
Stock options	-	-	45,000	263,000
Preferred stock	568,257	568,257	568,257	568,257
Total anti-dilutive securities excluded	568,257	568,257	613,257	831,257