Quarterly report pursuant to Section 13 or 15(d)

A. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
A. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of diluted EPS

Shares used in the calculation of diluted EPS are summarized below:

 

    Three Months Ended
March 31,
 
    2021     2020  
Weighted average common shares outstanding – basic     136,311,335       135,990,491  
Dilutive effect of stock options            
Weighted average common shares outstanding – diluted     136,311,335       135,990,491  
Schedule of product warranties

Product warranties for the three months ended March 31, 2021 and the year ended December 31, 2020 are as follows:

 

    March 31,
2021
    December 31,
2020
 
             
Beginning balance   $ 45,328     $ 58,791  
Warranty claims incurred     (2,738 )     (20,499 )
Provision charged (credited) to expense     (18,833 )     7,036  
Ending balance   $ 23,757     $ 45,328