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Earnings (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2022
Earnings (Loss) per Share  
Basic And Diluted Earnings (loss) Per Share

 

 

Three Months Ended March 31, 2022

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per-Share

Amount

 

Net loss

 

$(136,696)

 

 

22,215,512

 

 

$(0.01)

Effect of dilutive securities

Stock dilution

 

 

 

 

 

 

 

 

 

 

 

Convertible notes

 

 

15,625

 

 

 

1,250,000

 

 

 

 

 

Diluted earnings per share

 

$(121,071)

 

 

23,465,512

 

 

$(0.01)

Net loss

 

 

 

 

 

 

 

 

 

 

 

 

The following table sets forth the calculation of basic and diluted earnings per share for the three-month period ended March 31, 2021:

 

Three Months Ended March 31, 2021

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per-Share

Amount

Net income

$827,40822,215,512$0.04

Effect of dilutive securities

Options and warrants

--

Convertible notes

15,6251,250,000

 

Diluted earnings per share

Net income per share with assumed conversions

$843,03323,465,512$0.04