Quarterly report pursuant to Section 13 or 15(d)

BASIC AND DILUTED EARNINGS PER SHARE (Tables)

v3.20.2
BASIC AND DILUTED EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table is a reconciliation of the numerator and denominators used in the earnings per share calculation:

For the Three Months Ended June 30,
2020 2019
Income (Numerator) Weighted Average Shares (Denominator) Per-Share
Amount
Income (Numerator) Weighted Average Shares (Denominator) Per-Share
Amount
Basic EPS
Net income (loss) available to common stockholders $ (808,503)   47,723,208    $ (0.02)   $ 985,504    47,348,137    $ 0.02   
Effect of Dilutive Securities
Stock options & RSUs —    —    —    776,071   
Diluted EPS
Net income available to common stockholders + assumed conversions $ (808,503)   47,723,208    $ (0.02)   $ 985,504    48,124,208    $ 0.02   
For the Six Months Ended June 30,
2020 2019
Income (Numerator) Weighted Average Shares (Denominator) Per-Share
Amount
Income (Numerator) Weighted Average Shares (Denominator) Per-Share
Amount
Basic EPS
Net income available to common stockholders $ (1,173,767)   47,607,825    $ (0.02)   $ 2,654,122    47,392,534    $ 0.06   
Effect of Dilutive Securities
Stock options & RSUs —    —    —    800,315   
Diluted EPS
Net income available to common stockholders + assumed conversions $ (1,173,767)   47,607,825    $ (0.02)   $ 2,654,122    48,192,849    $ 0.06