| Earnings Per Common Share |
NOTE 13 – EARNINGS PER COMMON SHARE
| |
|
Three Months |
|
|
Three Months |
|
|
Six Months |
|
|
Six Months |
|
| |
|
Ended |
|
|
Ended |
|
|
Ended |
|
|
Ended |
|
| |
|
April 30, |
|
|
April 30, |
|
|
April 30, |
|
|
April 30, |
|
| Fiscal Period |
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net (Loss) Income |
|
$ |
(265,080 |
) |
|
$ |
1,973,494 |
|
|
$ |
1,081,693 |
|
|
$ |
3,212,507 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic weighted average common shares outstanding |
|
|
10,721,881 |
|
|
|
10,671,443 |
|
|
|
10,721,881 |
|
|
|
10,665,970 |
|
| Options issued |
|
|
555,000 |
|
|
|
- |
|
|
|
555,000 |
|
|
|
- |
|
| Diluted outstanding shares |
|
|
11,276,881 |
|
|
|
10,671,443 |
|
|
|
11,276,881 |
|
|
|
10,665,970 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.02 |
) |
|
$ |
0.18 |
|
|
$ |
0.10 |
|
|
$ |
0.30 |
|
| Diluted |
|
$ |
(0.02 |
) |
|
$ |
0.18 |
|
|
$ |
0.10 |
|
|
$ |
0.30 |
|
|