XML 37 R22.htm IDEA: XBRL DOCUMENT v3.24.4
Note 14 - Loss Per Share
 12 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 14 – LOSS PER SHARE

 

The following table sets forth the computation of basic and diluted earnings per share for the following periods:

 

  

Year Ended

 
  

September 30,

  

September 30,

 
  

2024

  

2023

 

Basic:

        

Net loss

 $(3,700,126) $(22,938,209)

Preferred dividends paid or accrued

  4,004,001   4,002,000 

Net income loss attributable to cbdMD Inc. common shareholders

  (7,704,127)  (26,940,209)
         

Shares used in computing basic earnings per share

  4,312,546   2,022,320 

Shares used in computing diluted earnings per share

  4,312,546   2,022,320 
         

Earnings per share Basic:

      - 

Basic earnings per share

 $(1.79) $(13.32)
         

Earnings per share Diluted:

        

Diluted earnings per share

 $(1.79) $(13.32)

 

At the year ended  September 30, 2024, 100,993 potential shares underlying options, unvested RSUs and warrants as well as 185,223 shares issuable upon conversion of our Series A Preferred stock which are excluded from the shares used to calculate diluted loss per share as their inclusion would reduce net loss per share.