Net Income (Loss) Per Common Share

3 Months Ended

Mar. 31, 2023

Net Income (Loss) Per Common Share

Net Income / (Loss) Per Common Share

Note E – Net Income / (Loss) Per Common Share

Basic net income / (loss) per common share is calculated by dividing the net income / (loss) by the weighted average number of outstanding common shares during the period. Diluted net income / (loss) per common share includes the weighted average dilutive effect of stock options and warrants. When the Company has a loss, option and warrants are not included as they would be anti-dilutive. In the three months ended March 31, 2023, although the Company had net income, there were no options in the money at March 31, 2023. Potential common shares outstanding as of March 31, 2023 and 2022:

	March 31, 2023		March 31, 2022
Options		1,690,000		1,937,000
Total		1,690,000		1,937,000