Basic and Diluted Earnings Per Share

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

BASIC AND DILUTED EARNINGS PER SHARE

NOTE 8. BASIC AND DILUTED EARNINGS PER SHARE

Basic earnings per share is computed using the weighted average number of common stock outstanding during the period. Diluted earnings per share is computed using the weighted average number of common stock and, if dilutive, potential common stock outstanding during the period. Potential common stock comprises shares issuable upon the exercise of share-based awards, using the treasury stock method. The reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for income (loss) from operations is shown as follows: 

	Three Months Ended March 31,
	2023			2022
	(Unaudited)			(Unaudited)
Numerator:
Net income (loss) available to common stockholders	$	(119,164	)	$	2,638,816
Net loss from continued operations		(119,164	)		(22,319	)
Net income from discontinued operations		-			2,661,135
Denominator:
Basic weighted average number of shares outstanding		58,366,569			18,628,569
Diluted weighted average number of shares outstanding		58,366,569			18,838,569
Net income (loss) per share:
Net income (loss) per share of common stock
Basic earnings per share	$	(0.0020	)	$	0.1417
Diluted earnings per share	$	(0.0020	)	$	0.1401
Net loss from continuing operations per share of common stock
Basic earnings per share	$	(0.0020	)	$	(0.0012	)
Diluted earnings per share	$	(0.0020	)	$	(0.0012	)
Net income from discontinuing operations per share of common stock
Basic earnings per share	$	-		$	0.1429
Diluted earnings per share	$	-		$	0.1413

The dilutive earnings per share will not be computed if the effect would be anti-dilutive.