Earnings (Loss) per Share

9 Months Ended

Sep. 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 nine-month periods ended September 30, 2021:

	Three Months Ended September 30, 2021
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(79,415	)		22,215,512	$	.00
Effect of dilutive securities
Stock dilution		-			56,516
Convertible notes		15,625			1,250,000
Diluted earnings per share
Net loss	$	(63,790	)		23,522,028	$	.00

	Nine Months Ended September 30, 2021
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	833,158		22,215,512	$	.04
Effect of dilutive securities
Stock dilution		-		56,516
Convertible notes		46,875		1,250,000
Diluted earnings per share
Net income	$	880,033		23,522,028	$	.04

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

	Three Months Ended September 30, 2020
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	83,498		22,215,512	$	.00
Effect of dilutive securities
Convertible notes		15,625		1,550,000
Diluted earnings per share
Net loss	$	99,123		23,765,512	$	.00

	Nine Months Ended September 30, 2020
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	524,198		22,215,512	$	.02
Effect of dilutive securities
Convertible notes		85,479		1,550,000
Diluted earnings per share
Net income	$	609,677		23,765,512	$	.03