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Note 11 - Earnings Per Common Share
3 Months Ended
Mar. 31, 2023
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,

 
         
  

2023

  

2022

 
         

Earnings Per Share - Basic

        

Net Income

 $3,391,473  $1,065,875 

Weighted average shares of common stock outstanding - Basic

  3,502,824   3,433,995 

Earnings Per Share - Basic

 $0.97  $0.31 
         

Earnings Per Share - Diluted

        

Weighted average shares of common stock outstanding - Basic

  3,502,824   3,433,995 

Warrants, Options and Convertible Notes

  -   - 

Weighted average shares of common stock -Diluted

  3,502,824   3,433,995 

Earnings Per Share - Diluted

 $0.97  $0.31