Earnings (Loss) per Share

6 Months Ended

Jun. 30, 2021

Earnings (Loss) per Share

Note 3 - Earnings (Loss) per Share

Note 3. The following table sets forth the calculation of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2021:

	Three Months Ended June 30, 2021
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	85,165		22,215,512	$	.00
Effect of dilutive securities
Convertible notes		15,625		1,250,000		-
Diluted earnings per share
Net income	$	100,790		23,465,510	$	.00

	Six Months Ended June 30, 2021
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	912,573		22,215,512	$	.04
Effect of dilutive securities
Convertible notes		31,250		1,250,000		-
Diluted earnings per share
Net income	$	943,823		23,465,512	$	.04

The following table sets forth the calculation of basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2020:

	Three Months Ended June 30, 2020
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	695,740		22,215,512	$	.03
Effect of dilutive securities
Convertible notes		15,625		1,250,000		-
Diluted earnings per share
Net income	$	711,365		23,465,512	$	.03

	Six Months Ended June 30, 2020
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	440,700		22,215,512	$	.02
Effect of dilutive securities
Convertible notes		31,250		1,250,000		-
Diluted earnings per share
Net income	$	471,950		23,465,512	$	.02