XML 28 R17.htm IDEA: XBRL DOCUMENT v3.24.2.u1
EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

NOTE 8 EARNINGS (LOSS) PER SHARE

 

The following table provides a reconciliation of the numerators and denominators reflected in the basic and diluted earnings per share computations, as required by ASC 260, “Earnings per Share.”

 

Basic earnings per share (“EPS”) is computed by dividing reported earnings available to stockholders by the weighted average shares outstanding. We had net losses for the three and six months ended June 30, 2024 and 2023 and the effect of including dilutive securities in the earnings per common share would have been anti-dilutive for the purpose of calculating EPS. Accordingly, all options, warrants, and shares potentially convertible into common shares were excluded from the calculation of diluted earnings per share for the three and six months ended June 30, 2024 and 2023.

 SCHEDULE OF EARNINGS PER SHARE BASIC AND DILUTED

   Three months
ended
June 30, 2024
(Unaudited)
   Three months
ended
June 30, 2023
(Unaudited)
 
         
Basic and Diluted EPS          
Net Loss  $(494,278)  $(757,372)
Weighted Average Shares   16,243,225    15,941,265 
Basic and Diluted Loss Per Share  $(0.03)  $(0.05)

 

 

  

Six months

ended

June 30, 2024

(Unaudited)

  

Six months

ended

June 30, 2023
(Unaudited)

 
         
Basic and Diluted EPS          
Net Loss  $(1,602,476)  $(1,307,635)
Weighted Average Shares   16,206,558    15,926,952 
Basic and Diluted Loss Per Share  $(0.10)  $(0.08)