Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v3.21.1
Earnings Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Earnings Per Share

NOTE 9 – EARNINGS PER SHARE

 

FASB ASC Topic 260, Earnings Per Share, requires a reconciliation of the numerator and denominator of the basic and diluted earnings (loss) per share (EPS) computations.

 

Basic and diluted earnings (loss) per share are the same since net losses for all periods presented and including the additional potential common shares would have an anti-dilutive effect.

 

The following table sets forth the computation of basic and diluted net income per share:

 

    Three Months Ended March 31, 2021  
    2021     2020  
Net loss attributable to the common stockholders   $ (461,682 )   $ (251,182 )
                 
Basic weighted average outstanding shares of common stock     35,241,202       500,000  
Dilutive effect of options and warrants            
Diluted weighted average common stock and common stock equivalents     35,241,202       500,000  
                 
Loss per share:                
Basic and diluted   $ (0.01 )   $ (0.50 )