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Note 9 - Earnings Per Common Share
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Earnings Per Share [Text Block]
9.
EARNINGS PER COMMON SHARE
 
 
The following table sets forth the computation of basic and diluted earnings per share.
 
   
Three Months Ended
March 31,
 
                 
   
2018
   
2017
 
                 
Earnings Per Share - Basic
 
 
 
 
 
 
 
 
Net Income
  $
373,752
    $
213,140
 
Weighted average shares of common stock outstanding - Basic
   
2,911,057
     
2,877,493
 
Earnings Per Share - Basic
  $
0.13
    $
0.07
 
                 
Earnings Per Share - Diluted
 
 
 
 
 
 
 
 
Weighted average shares of common stock outstanding - Basic
   
2,911,057
     
2,877,493
 
Warrants, Options and Convertible Notes
   
358,796
     
87,236
 
Weighted average shares of common stock -Diluted
   
3,269,853
     
2,964,729
 
Earnings Per Share - Diluted
  $
0.11
    $
0.07