INCOME (LOSS) PER COMMON SHARE

9 Months Ended

Sep. 30, 2011

INCOME (LOSS) PER COMMON SHARE

3. INCOME (LOSS) PER COMMON SHARE

Common stock equivalents in the three and nine months ended September 30, 2010 were anti-dilutive, thus the diluted weighted average common shares outstanding for this period are the same as the basic weighted average common shares outstanding.

At September 30, 2011 and 2010, respectively, 5,800,623 and 21,035,683 potential common stock shares are issuable upon the exercise of warrants and options and conversion of debt to common stock. For the three and nine months ended September 30, 2011, 8,401,155 and 7,068,655 shares, respectively, related to warrants and options were excluded from the September 30, 2011 computation of diluted earnings per share as they were anti-dilutive due to their exercise price being in excess of the average close price for the three and nine month period ended or they were not yet vested.

The following table sets forth the computation of basic and diluted earnings per share:

	Three months ended September 30, 2011		Three months ended September 30, 2010			Nine months ended September 30, 2011			Nine months ended September 30, 2010
Consolidated Net profit (loss) from continuing operations	$	111,688	$	(59,799	)	$	(264,920	)	$	(3,336,322	)
Net profit (loss) from discontinued operations	$	312,635	$	5,213		$	442,881		$	(74,659	)
Less:  Net profit (loss) from discontinued operations -noncontrolling interest	$	-	$	2,659		$	67,872		$	(38,686	)
Net profit (loss) from disconitinued operations attributable to CUI Global, Inc.	$	312,635	$	2,554		$	375,009		$	(35,973	)
Net profit (loss) for the period attributable to CUI Global, Inc.	$	424,323	$	(57,245	)	$	110,089		$	(3,372,295	)
Weighted average number of shares outstanding		219,282,472		196,478,788			216,859,788			183,860,295
Weighted average number of common and     common equivalent shares		219,282,472		196,478,788			216,859,788			183,860,295
Basic profit (loss) per common share from continuing operations	$	0.00	$	(0.00	)	$	(0.00	)	$	(0.02	)
Basic profit (loss) per common share from discontinued     operations - attributable to CUI Global, Inc.	$	0.00	$	0.00		$	0.00		$	(0.00	)
Basic profit (loss) per common share	$	0.00	$	(0.00	)	$	0.00		$	(0.02	)
	Three months ended September 30, 2011		Three months ended September 30, 2010			Nine months ended September 30, 2011			Nine months ended September 30, 2010
Consolidated Net profit (loss) from continuing operations	$	111,688	$	(59,799	)	$	(264,920	)	$	(3,336,322	)
Net profit (loss) from discontinued operations	$	312,635	$	5,213		$	442,881		$	(74,659	)
Less:  Net profit (loss) from discontinued operations -noncontrolling interest	$	-	$	2,659		$	67,872		$	(38,686	)
Net profit (loss) from disconitinued operations attributable to CUI Global, Inc.	$	312,635	$	2,554		$	375,009		$	(35,973	)
Net profit (loss) for the period attributable to CUI Global, Inc.	$	424,323	$	(57,245	)	$	110,089		$	(3,372,295	)
Add:  Adjustment for interest on 12% convertible note		-		-			-			-
Adjusted net income (loss)	$	424,323	$	(57,245	)	$	110,089		$	(3,372,295	)
Weighted average number of shares outstanding		219,282,472		196,478,788			216,859,788			183,860,295
Add: Warrants and options as of beginning of period		447,923		-			477,781			-
Warrants and options as of date of vesting		-		-			-			-
Convertible preferred shares oustanding		252,715		-			252,715			-
12% convertible notes as of end of period		-		-			-			-
Weighted average number of common and     common equivalent shares		219,983,110		196,478,788			217,590,284			183,860,295
Diluted profit (loss) per common share from continuing operations	$	0.00	$	(0.00	)	$	(0.00	)	$	(0.02	)
Diluted profit (loss) per common share from discontinued     operations - attributable to CUI Global, Inc.	$	0.00	$	0.00		$	0.00		$	(0.00	)
Diluted profit (loss) per common share	$	0.00	$	(0.00	)	$	0.00		$	(0.02	)