|
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 |
) |
|