Annual report pursuant to Section 13 and 15(d)

NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of net income per common share

Basic earnings per share are computed on the weighted average of common shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common shares issuable upon exercise of employee, director and consultant stock options (See Note 5).

 

    For the Years Ended  
    December 31, 2019   December 31, 2018  
           
Net income   $ 564,349   $ 910,570  
               
Weighted Average Outstanding Shares:              
Outstanding shares     38,778,074     38,128,260  
Option shares includable     283,236     793,362  
      39,061,310     38,921,622  
               
Net income per share              
Basic   $ 0.01   $ 0.02  
Diluted   $ 0.01   $ 0.02