EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2022

Net income (loss) per share of common stock

EARNINGS PER SHARE

NOTE 3– EARNINGS PER SHARE

Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through stock options and warrants.

At September 30, 2022 and 2021, the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive are as follows:

	September 30, 2022		September 30, 2021
Warrants		12,346,215		12,489,922
Convertible preferred stock		1,692,672		1,751,005
TOTAL POSSIBLE DILUTIVE SHARES		14,038,887		14,240,927