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NET (LOSS) INCOME PER SHARE | 9 Months Ended
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Sep. 30, 2022
Earnings Per Share [Abstract] |
NET (LOSS) INCOME PER SHARE | 20. NET (LOSS) INCOME 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 BitNile 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, 2022 and 2021: Net Loss Per Share
|  | September 30, |
|  | 2022 |  |  | 2021 |
Stock options |  |  | 6,396,000 |  |  |  | 4,761,000 |
Restricted stock grants |  |  | 2,085,000 |  |  |  | - |
Warrants |  |  | 18,493,000 |  |  |  | 5,936,000 |
Convertible notes |  |  | 165,000 |  |  |  | 165,000 |
Convertible preferred stock |  |  | 2,000 |  |  |  | 2,000 |
Total |  |  | 27,141,000 |  |  |  | 10,864,000 |

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