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Note 10 - Earnings Per Common Share
 6 Months Ended
Jun. 30, 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
June 30,
    
Six Months Ended
June 30,
  
                                 
   
20
20
    
201
9
    
20
20
    
201
9
  
                                 
Earnings Per Share - Basic
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net Income
   $
228,837
     $
1,831,479
     $
2,304,407
     $
3,576,937
  
Weighted average shares of common stock outstanding - Basic
    
3,317,665
      
2,755,916
      
3,314,573
      
2,755,764
  
Earnings Per Share - Basic
   $
0.07
     $
0.66
     $
0.70
     $
1.30
  
                                 
Earnings Per Share - Diluted
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Weighted average shares of common stock outstanding - Basic
    
3,317,665
      
2,755,916
      
3,314,573
      
2,755,764
  
Warrants, Options and Convertible Notes
    
1,599
      
456,882
      
1,644
      
440,387
  
Weighted average shares of common stock -Diluted
    
3,319,264
      
3,212,798
      
3,316,217
      
3,196,151
  
Earnings Per Share - Diluted
   $
0.07
     $
0.57
     $
0.69
     $
1.12