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NET INCOME (LOSS) PER SHARE | 3 Months Ended
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Mar. 31, 2022
Earnings Per Share [Abstract] |
NET INCOME (LOSS) PER SHARE | 16. NET INCOME (LOSS) PER SHARE For the three months ended March 31, 2022, 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, 2022, 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, 2022: Net Loss Per Share
|  | March 31, 2022 |
Stock options |  |  | 6,396,000 |
Restricted stock grants |  |  | 2,063,000 |
Warrants |  |  | 20,015,000 |
Convertible notes |  |  | 165,000 |
Convertible preferred stock |  |  | 2,000 |
Total |  |  | 28,641,000 |
Basic and diluted net income per common share for the three months ended March 31, 2021 were calculated as follows:
|  | For the Three Months Ended March 31, 2021 |
|  | Income |  |  | Shares |  |  | Per-Share |
|  | (Numerator) |  |  | (Denominator) |  |  | Amount |
Net income attributable to BitNile Holdings |  | $ | 1,997,000 |  |  |  |  |  |  |  |  |
Less: Preferred stock dividends |  |  | (4,000 | ) |  |  |  |  |  |  |  |
Basic earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Net income available to common stockholders |  |  | 1,993,000 |  |  |  | 39,256,000 |  |  | $ | 0.05 |
Effect of dilutive securities |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  |  | - |  |  |  | 505,000 |  |  |  |  |
8% convertible notes, related party |  |  | 8,000 |  |  |  | 276,000 |  |  |  |  |
4% convertible notes |  |  | 7,000 |  |  |  | 165,000 |  |  |  |  |
Diluted earnings per share |  |  |  |  |  |  |  |  |  |  |  |
Income available to common stockholders plus assumed conversions |  | $ | 2,008,000 |  |  |  | 40,202,000 |  |  | $ | 0.05 |

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