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Net Income (Loss) per Share
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2021 are calculated as follows:

 

   For the Three Months Ended June 30, 2021 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
Net income attributable to Ault Global Holdings  $42,216,000           
Less: Preferred stock dividends   (4,000)          
                
Basic earnings per share               
Net income available to common stockholders   42,212,000    50,783,000   $0.83 
                
Effect of dilutive securities               
Stock options   —    292,000      
Warrants   290,000    1,540,000      
4% convertible notes   7,000    165,000      
                
Diluted earnings per share               
Income available to common stockholders plus assumed
conversions		  $42,509,000    52,780,000   $0.81 

 

 

   For the Six Months Ended June 30, 2021 
   Income   Shares   Per-Share 
   (Numerator)   Denominator)   Amount 
Net income attributable to Ault Global Holdings  $44,215,000           
Less: Preferred stock dividends   (9,000)          
                
Basic earnings per share               
Net income available to common stockholders   44,206,000    45,052,000   $0.98 
                
Effect of dilutive securities               
Stock options   —    422,000      
Warrants   (388,000)   1,935,000      
4% convertible notes   13,000    165,000      
                
Diluted earnings per share               
Income available to common stockholders plus assumed
conversions		  $43,831,000    47,574,000   $0.92 

 

For the three and six months ended June 30, 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 and six months ended June 30, 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 June 30, 2020:

 

   June 30, 2020 
Stock options   950 
Warrants   

2,151,953

 
Convertible notes   551,104 
Conversion of preferred stock   2,232 
Total   2,706,239