Quarterly report [Sections 13 or 15(d)]

Income per Common Share (Tables)

v3.25.1
Income per Common Share (Tables)
 3 Months Ended
Feb. 28, 2025
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Net Income per Common Share

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

 

 

 

 

Three Months Ended

 

 

 

 

February 28, 2025

 

 

February 29, 2024

 

Numerator:

 

 

 

 

 

 

 

Net income

 

 

$

282,855

 

 

$

556,241

 

Denominator:

 

 

 

 

 

 

 

Weighted-average shares outstanding-basic

 

 

 

8,082,159

 

 

 

8,277,844

 

Dilutive common shares issuable upon exercise of
   stock options

 

 

 

117,863

 

 

 

47,183

 

Weighted-average shares-diluted

 

 

 

8,200,022

 

 

 

8,325,027

 

Income per share:

 

 

 

 

 

 

 

Basic

 

 

$

0.03

 

 

$

0.07

 

Diluted

 

 

$

0.03

 

 

$

0.07