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Earnings Per Share

9 Months Ended

Sep. 30, 2023

Net loss per share attributable to MDB Capital Holdings, LLC:

Earnings Per Share

6. Earnings Per Share

The Company’s computation of earnings (loss) per share (“EPS”) includes basic and diluted EPS. Basic EPS is measured as the income (loss) attributable to common stockholders divided by the weighted average common shares outstanding for the period. Diluted EPS is similar to basic EPS but presents the dilutive effect on a per share basis of potential common shares (e.g., preferred shares, warrants and stock options) as if they had been converted at the beginning of the periods presented, or issuance date, if later. Potential common shares that have an anti-dilutive effect (i.e., those that increase income per share or decrease loss per share) are excluded from the calculation of diluted EPS.

Loss per common share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the respective periods. Basic and diluted loss per common share was the same for all periods presented because warrants outstanding were anti-dilutive, for a total of 35,144 shares.

Earnings (loss) per share is presented below for the three and nine months ended September 30, 2023 and 2022, respectively.

Basic and fully diluted earnings (loss) per share is calculated at follows for the three and nine months ended September 30, 2023 and 2022:


		For the Three Months Ended
		September 30, 2023								September 30, 2022
		Class A common shares				Class B common shares				Class A common shares				Class B common shares
Net loss attributable to MDB Capital Holdings, LLC		$	(1,390,236	)		$	(1,618,198	)		$	(718,008	)		$	(1,365,572	)

Weighted average shares outstanding – basic and diluted			2,828,241				5,000,000				2,628,966				5,000,000

Net loss per share – basic and diluted		$	(0.49	)		$	(0.32	)		$	(0.27	)		$	(0.27	)


		For the Nine Months Ended
		September 30, 2023								September 30, 2022
		Class A common shares				Class B common shares				Class A common shares				Class B common shares
Net loss attributable to MDB Capital Holdings, LLC		$	(655,900	)		$	(763,450	)		$	(1,648,548	)			(3,135,356	)

Weighted average shares outstanding – basic and diluted			2,696,121				5,000,000				1,154,420				5,000,000

Net loss per share – basic and diluted		$	(0.24	)		$	(0.15	)		$	(1.43	)		$	(0.63	)

Class A common shares and Class B common stock are equal for ownership, Class B shares have five times the voting rights of Class A shares and Class B shares can be exchanged on a one-to-one basis for purposes of sale.