3. Earnings (Loss) per Share

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Earnings (Loss) per Share

The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2019:

	Three Months Ended March 31, 2019
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	476,260		21,671,921	$	.02
Effect of dilutive securities
Options and warrants		—		1,857
Convertible notes		48,750		3,911,111
Diluted earnings per share
Net income per share with assumed conversions	$	525,010		25,584,889	$	.02

	Three Months Ended March 31, 2020
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(255,041	)		22,215,512	$	(.01	)
Effect of dilutive securities
Options and warrants		—			—
Convertible notes		47,500			1,250,000
Diluted loss per share
Net loss per share with assumed conversions	$	(207,541	)		23,465,512	$	(.01	)