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EARNINGS PER SHARE
 12 Months Ended
Dec. 31, 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 December 31, 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:

 

 

 

December 31,

2022

 

 

December 31,

2021

 

Warrants

 

 

12,346,215

 

 

 

12,489,922

 

Convertible preferred stock

 

 

1,692,672

 

 

 

1,692,672

 

TOTAL POSSIBLE DILUTIVE SHARES

 

 

14,038,887

 

 

 

14,182,594