Note 10 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

10.

EARNINGS PER COMMON SHARE

 

The following table sets forth the computation of basic and diluted earnings per share.

	Three Months Ended March 31,
	20 20		201 9
Earnings Per Share - Basic
Net Income	$	2,075,570	$	1,745,458
Weighted average shares of common stock outstanding - Basic		3,311,477		2,755,265
Earnings Per Share - Basic	$	0.63	$	0.63
Earnings Per Share - Diluted
Weighted average shares of common stock outstanding - Basic		3,311,477		2,755,265
Warrants, Options and Convertible Notes		1,680		423,155
Weighted average shares of common stock -Diluted		3,313,157		3,178,420
Earnings Per Share - Diluted	$	0.63	$	0.55