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Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

(15) Earnings Per Share

 

For the three months ended March 31, 2024 and 2023, basic and diluted net income per share are calculated as follows:

 

   Three Months Ended
March 31,
 
   2024   2023 
Basic loss per share        
Net loss for the period - numerator  $(3,746,536)  $(2,733,165)
Weighted average common stock outstanding - denominator   10,065,920    10,065,920 
Net loss per share  $(0.37)  $(0.27)
           
Diluted income per share          
Net income for the period- numerator  $(3,746,536)  $(2,733,165)
Weighted average common stock outstanding - denominator   10,065,920    10,065,920 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding - denominator   10,065,920    10,065,920 
           
Diluted loss per share  $(0.37)  $(0.27)

 

For the three months ended March 31, 2024 and 2023 there were no securities with dilutive effect issued and outstanding.