Quarterly report pursuant to Section 13 or 15(d)

INCOME (LOSS) PER COMMON SHARE

v3.22.1
INCOME (LOSS) PER COMMON SHARE
3 Months Ended
Mar. 31, 2022
INCOME (LOSS) PER COMMON SHARE  
NOTE 15 - INCOME (LOSS) PER COMMON SHARE

NOTE 15 – INCOME (LOSS) PER COMMON SHARE

 

The calculation of earnings (loss) per share for the three months ended March 31, 2022 and 2021, was as follows:

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

Income (loss)

 

$

(68,155,477

)

 

$ (44,777,693 )

Less preferred dividends

 

 

-

 

 

 

(6,676,994 )

Net income (loss) attributable to common stockholders

 

$

(68,155,477

)

 

$ (51,454,687 )

Denominator Weighted average share – basic

 

 

309,989,893

 

 

 

28,527,848

 

Dilutive effect of common stock equivalents Options/warrants

 

 

 

 

 

 

Preferred C shares

 

 

 

 

 

 

Denominator Total Weighted average shares – diluted

 

 

309,989,893

 

 

 

28,527,848

 

Income (loss) per share – basic Continuing operations

 

$ (.22 )

 

$ (1.80 )

Income (loss) per share – diluted Continuing Operations

 

$ (.22 )

 

$ (1.80 )