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)
9 Months Ended
Sep. 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 September 30,
2020 2019
Income (loss) (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 $ (1,057,748) 47,933,318  $ (0.02) $ 921,748  47,739,192  $ 0.02 
Effect of Dilutive Securities
Stock options & RSUs —  —  —  730,054 
Diluted EPS
Net income (loss) available to common stockholders + assumed conversions $ (1,057,748) 47,933,318  $ (0.02) $ 921,748  48,469,246  $ 0.02 
For the Nine Months Ended September 30,
2020 2019
Income (loss) (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 $ (2,231,515) 47,717,114  $ (0.05) $ 3,575,870  47,509,357  $ 0.08 
Effect of Dilutive Securities
Stock options & RSUs —  —  —  750,543 
Diluted EPS
Net income (loss) available to common stockholders + assumed conversions $ (2,231,515) 47,717,114  $ (0.05) $ 3,575,870  48,259,900  $ 0.07