Schedule of Earnings Per Share, Basic and Diluted |
The following table is a reconciliation of the numerator and denominators used in the earnings per share calculation:
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For the Three Months Ended September 30, |
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2020 |
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2019 |
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Income (loss) (Numerator) |
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Weighted Average Shares (Denominator) |
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Per-Share Amount |
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Income (Numerator) |
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Weighted Average Shares (Denominator) |
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Per-Share Amount |
Basic EPS |
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Net income (loss) available to common stockholders |
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$ |
(1,057,748) |
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47,933,318 |
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$ |
(0.02) |
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$ |
921,748 |
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47,739,192 |
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$ |
0.02 |
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Effect of Dilutive Securities |
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Stock options & RSUs |
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— |
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— |
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— |
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730,054 |
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Diluted EPS |
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Net income (loss) available to common stockholders + assumed conversions |
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$ |
(1,057,748) |
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47,933,318 |
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$ |
(0.02) |
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$ |
921,748 |
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48,469,246 |
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$ |
0.02 |
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For the Nine Months Ended September 30, |
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2020 |
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2019 |
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Income (loss) (Numerator) |
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Weighted Average Shares (Denominator) |
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Per-Share Amount |
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Income (Numerator) |
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Weighted Average Shares (Denominator) |
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Per-Share Amount |
Basic EPS |
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Net income (loss) available to common stockholders |
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$ |
(2,231,515) |
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47,717,114 |
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$ |
(0.05) |
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$ |
3,575,870 |
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47,509,357 |
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$ |
0.08 |
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Effect of Dilutive Securities |
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Stock options & RSUs |
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— |
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— |
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— |
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750,543 |
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Diluted EPS |
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Net income (loss) available to common stockholders + assumed conversions |
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$ |
(2,231,515) |
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47,717,114 |
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$ |
(0.05) |
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$ |
3,575,870 |
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48,259,900 |
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$ |
0.07 |
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