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Earnings Per Share
 12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

15. Earnings Per Share

 

Basic earnings per share is computed by dividing net loss attributable to Yunhong CTI Ltd. Common shareholders by the weighted average number of shares of common stock outstanding during each period.

 

Diluted earnings per share is computed by dividing net loss attributable to Yunhong CTI Ltd. Common shareholders by the weighted average number of shares of common stock and equivalents (stock options and warrants), unless anti-dilutive, during each period.

 

         
Consolidated earnings per share  2022   2021 
Loss from continuing operations  $(1,467,000)  $(7,728,000)
Loss attributable to noncontrolling interest   -    (718,000)
Deemed dividends on preferred stock and amortization of beneficial conversion feature   (584,000)   (3,573,000)
Loss from continuing operations attributable to Yunhong CTI Ltd common shareholders  $(2,051,000)  $(10,323,000)
(Gain)/loss attributable to noncontrolling interest   -    174,000 
Loss from discontinued operations attributable to Yunhong CTI Ltd common shareholders  $-   $(11,845,000)
           
Basic and Diluted loss per common share:          
Continuing operations  $(0.22)  $(2.04)
Discontinued operations   -    0.03 
Total  $(0.22)  $(2.01)
           
Basic and Diluted weighted average number of shares and equivalent shares of common stock outstanding   9,301,888    5,878,887