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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2020
Earnings per Share  
Schedule of earning Loss per share, basic and diluted

 

 

Years ended December 31,

 

 

 

2020

 

 

2019

 

Numerator for basic and diluted net income per share:

 

 

 

 

 

 

Basic net income

 

$675,996

 

 

$47,977

 

Plus: Interest expense saved on converted debt

 

 

27,068

 

 

 

0

 

Diluted net income

 

$703,064

 

 

$47,977

 

Basic and diluted net income per share

 

$.02

 

 

$.00

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

Basic shares

 

 

29,061,883

 

 

 

29,061,883

 

Plus: Stock options

 

 

6,215,883

 

 

 

750,000

 

Plus: Convertible debt

 

 

9,422,320

 

 

 

0

 

Diluted shares

 

 

44,700,086

 

 

 

29,811,883

 

 

 

 

 

 

 

 

 

 

Anti-dilutive shares excluded from net income per share

 

 

2,715,000

 

 

 

29,195,736