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EARNINGS PER SHARE
 9 Months Ended
Sep. 30, 2023
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 convertible preferred stock, stock options, and warrants.

 

At September 30, 2023 and 2022, the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive were as follows:

 

 

 

September 30,

 

 

September 30,

 

 

 

2023

 

 

2022

 

Warrants

 

 

12,346,215

 

 

 

12,346,215

 

Convertible preferred stock

 

 

-

 

 

 

1,692,672

 

TOTAL POSSIBLE DILUTIVE SHARES

 

 

12,346,215

 

 

 

14,038,887