Note 11 - Earnings Per Common Share

3 Months Ended

Mar. 31, 2022

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,
	2022		2021
Earnings Per Share - Basic
Net Income	$	1,065,875	$	3,143,417
Weighted average shares of common stock outstanding - Basic		3,433,995		3,392,839
Earnings Per Share - Basic	$	0.31	$	0.93
Earnings Per Share - Diluted
Weighted average shares of common stock outstanding - Basic		3,433,995		3,392,839
Warrants, Options and Convertible Notes		-		881
Weighted average shares of common stock -Diluted		3,433,995		3,393,720
Earnings Per Share - Diluted	$	0.31	$	0.93