Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

v3.19.1
NET INCOME (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Net Income

Basic and diluted net income per share, for the three months ended March 31, 2019, were calculated as follows:

 

 

 

Basic

 

 

Diluted

 

Numerator

 

 

 

 

 

 

Net income applicable to common stock

 

$

44,169

 

 

$

44,169

 

 

 

$

44,169

 

 

$

44,169

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

21,671,240

 

 

 

21,671,240

 

Preferred Stock

 

 

—

 

 

 

5,660,000

 

Warrants and options

 

 

—

 

 

 

21,471,231

 

 

 

 

21,671,240

 

 

 

48,802,471

 

 

 

 

 

 

 

 

 

 

Net income per share

 

$

.002

 

 

$

.001