XML 22 R12.htm IDEA: XBRL DOCUMENT

NET INCOME (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2021

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

6. Net Income (Loss) per Share

Basic and diluted net income per common share for the three months ended March 31, 2021 are calculated as follows:

		For the Three Months Ended March 31, 2021
		Income				Shares				Per-Share
		(Numerator)				(Denominator)				Amount
Net income (loss) attributable to Ault Global Holdings		$	1,997,381
Less: Preferred stock dividends			(4,400	)

Basic earnings per share
Net income available to common stockholders			1,992,981				39,256,336			$	0.05

Effect of dilutive securities
Stock options			-				505,245
8% convertible notes, related party			8,000				275,862
4% convertible notes			6,600				165,000

Diluted earnings per share
Income available to common stockholders plus assumed conversions		$	2,007,581				40,202,443			$	0.05

For the three months ended March 31, 2020, net loss per share is computed by dividing the net loss to common stockholders by the weighted average number of common shares outstanding. The calculation of the basic and diluted earnings per share is the same for the three months ended March 31, 2020, as the effect of the potential common stock equivalents is anti-dilutive due to the Company’s net loss position for the period. Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consist of the following at March 31, 2020:

		March 31, 2020
Stock options			950
Warrants			765,422
Convertible notes			561,158
Conversion of preferred stock			2,232
Total			1,329,762