Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.22.2.2
Earnings (Loss) Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
Q. earnings (loss) per share:

 

The following table presents the computation of basic and diluted net loss per common share as of September 30,:

 

    2022     2021  
Numerator:            
Net Income (Loss)   $ (1,681,409 )   $ 264,894  
Denominator                
Basic weighted-average common shares outstanding     19,702,136       10,000,000  
Diluted weighted-average common shares outstanding     31,381,151       10,000,000  
                 
Basic Earnings Per Share   $ (0.09 )   $ 0.03  
Diluted Earnings Per Share   $ (0.05 )   $ 0.03  

 

Dilutive securities that were included in the calculation are as follows:

 

    2022     2021  
Stock Warrants     10,074,195      
-
 
Stock Options     1,604,820      
-
 
Total     11,679,015      
-