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Net incomE (Loss) per Share
 9 Months Ended
Sep. 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 nine months ended September 30, 2021 are calculated as follows:

 

   For the Nine Months Ended September 30, 2021 
   Income   Shares   Per-Share 
   (Numerator)   (Denominator)   Amount 
 Net income attributable to Ault Global Holdings  $1,346,000           
 Less: Preferred stock dividends   (13,000)          
                
 Basic earnings per share               
 Net income available to common stockholders   1,333,000    49,714,000   $0.03 
                
 Effect of dilutive securities               
 Restricted stock grants   -    431,000      
                
 Diluted earnings per share               
 Income available to common stockholders plus assumed conversions  $1,333,000    50,145,000   $0.03 

 

 

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 all periods presented, excluding the nine months ended September 30, 2021, as the effect of the potential common stock equivalents is anti-dilutive due to the Company’s net loss position for all periods presented. Anti-dilutive securities, which are convertible into or exercisable for the Company’s common stock, consist of the following at September 30, 2021 and 2020:

 

   September 30, 
   2021   2020 
Stock options   4,761,000    1,000 
Warrants   5,936,000    3,582,000 
Convertible notes   165,000    1,396,000 
Conversion of preferred stock   2,000    2,000 
Total   10,864,000    4,981,000