Earnings (Loss) per Share

6 Months Ended

Jun. 30, 2022

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, 2022:

	Three Months Ended June 30, 2022
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(50,261	)		22,215,512	$	0.00
Effect of dilutive securities
Convertible notes		15,625			1,250,000
Dilutive shares		-			113,606
Diluted earnings per share
Net loss (1)	$	(34,640	)		23,579,118	$	0.00

	Six Months Ended June 30, 2022
	Income (Numerator)			Shares (Denominator)		Per-Share Amount
Net loss	$	(186,957	)		22,215,512	$	(0.01	)
Effect of dilutive securities
Convertible notes		31,250			1,250,000
Dilutive shares		-			113,606
Diluted earnings per share
Net loss (1)	$	(155,707	)		23,579,118	$	(0.01	)

(1) Net loss per share is shown as basic loss per share because the underlying dilutive securities have an anti-dilutive effect.

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	$	0.00
Effect of dilutive securities
Convertible notes		15,625		1,250,000
Diluted earnings per share
Net income	$	100,790		23,465,510	$	0.00

	Six Months Ended June 30, 2021
	Income (Numerator)		Shares (Denominator)		Per-Share Amount
Net income	$	912,573		22,215,512	$	0.04
Effect of dilutive securities
Convertible notes		31,250		1,250,000
Diluted earnings per share
Net income	$	943,823		23,465,512	$	0.04