Note 17 - Net Income Per Share

6 Months Ended

Mar. 31, 2020

Notes to Financial Statements

Earnings Per Share [Text Block]

1

7

.

NET

INCOME

PER SHARE

The following table sets forth the computation of basic and diluted net income per share:

	Three months Ended				Six months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Net income	$	301,575	$	1,178,850	$	921,902	$	2,224,790
Basic income per share	$	0.01	$	0.04	$	0.03	$	0.07
Diluted income per share	$	0.01	$	0.04	$	0.03	$	0.07
Weighted average shares outstanding - basic		33,094,596		32,584,952		33,036,786		32,738,871
Assumed exercise of dilutive options		638,023		492,303		672,046		533,293
Weighted average shares outstanding - diluted		33,732,619		33,077,255		33,708,832		33,272,164
Potentially diluted securities outstanding at period end excluded from diluted computation as the inclusion would have been antidilutive:
Options		1,602,477		976,750		1,602,477		976,750