NET INCOME (LOSS) PER SHARE |
Note 14 |
NET INCOME (LOSS) PER SHARE
|
The following table sets forth the computation of the basic and diluted net income (loss) per share:
|
|
For the Years Ended December 31,
|
|
|
|
2023
|
|
|
2022
|
|
Net income (loss):
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
$
|
1,733,430
|
|
|
$
|
(19,191,990
|
)
|
Income (loss) from discontinued operations
|
|
|
9,373,257
|
|
|
|
(6,779,981
|
)
|
Net Income (loss)
|
|
$
|
11,106,687
|
|
|
$
|
(25,971,971
|
)
|
|
|
|
|
|
|
|
|
|
Basic income (loss) from continuing operations per share attributable to common shareholders:
|
|
$
|
0.05
|
|
|
$
|
(0.60
|
)
|
Basic income (loss) from discontinued operations per share:
|
|
|
0.29
|
|
|
|
(0.21
|
)
|
Net income (loss) per common share
|
|
$
|
0.34
|
|
|
$
|
(0.81
|
)
|
|
|
|
|
|
|
|
|
|
Diluted net loss per share:
|
|
|
|
|
|
|
|
|
Income (loss) from continuing operations
|
|
|
1,733,430
|
|
|
|
(19,191,990
|
)
|
Income from continuing operation after the effect of assumed conversions
|
|
$
|
1,733,430
|
|
|
$
|
(19,191,990
|
)
|
|
|
|
|
|
|
|
|
|
Income (loss) from discontinued operations
|
|
$
|
9,373,257
|
|
|
$
|
(6,779,981
|
)
|
|
|
|
|
|
|
|
|
|
Weighted average common shares outstanding - basic and diluted
|
|
|
32,030,855
|
|
|
|
32,031,096
|
|
Plus: Dilutive effect of restricted stock awards and stock options – treasury stock method
|
|
|
199,990
|
|
|
|
—
|
|
Weighted average common shares outstanding assuming dilution
|
|
|
32,230,845
|
|
|
|
32,031,096
|
|
|
|
|
|
|
|
|
|
|
Diluted income (loss) from continuing operations per common share
|
|
|
0.05
|
|
|
|
(0.60
|
)
|
Diluted income (loss) from discontinued operations per common share
|
|
|
0.29
|
|
|
|
(0.21
|
)
|
Net income (loss) per common share
|
|
$
|
0.34
|
|
|
$
|
(0.81
|
)
|
The following table sets forth all outstanding potentially dilutive securities which were not included in the calculation of diluted
earnings per share because their impact would have been antidilutive.
|
|
For the Years Ended December 31,
|
|
|
|
2023
|
|
|
2022
|
|
Potentially dilutive securities:
|
|
|
|
|
|
|
|
|
Warrants
|
|
|
50,954 |
|
|
|
102,056 |
|
Stock options
|
|
|
2,923,792 |
|
|
|
3,938,808 |
|
Convertible notes
|
|
|
2,460,690 |
|
|
|
2,497,560 |
|
Unvested restricted stock awards and units
|
|
|
|
|
|
|
551,258
|
|
|
|
|
6,135,184 |
|
|
|
7,089,682 |
|
|