Note 11 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

11.

EARNINGS PER COMMON SHARE

 

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

	Three Months Ended March 31,
	2021		2020
Earnings Per Share - Basic
Net Income	$	3,143,417	$	2,075,570
Weighted average shares of common stock outstanding - Basic		3,392,839		3,311,477
Earnings Per Share - Basic	$	0.93	$	0.63
Earnings Per Share - Diluted
Weighted average shares of common stock outstanding - Basic		3,392,839		3,311,477
Warrants, Options and Convertible Notes		881		1,680
Weighted average shares of common stock -Diluted		3,393,720		3,313,157
Earnings Per Share - Diluted	$	0.93	$	0.63