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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2024
EARNINGS PER SHARE  
EARNINGS PER SHARE

NOTE 3 – EARNINGS PER SHARE

 

Basic Earnings Per Share (“EPS”) is computed as net income (loss) available to common stockholders divided by the weighted average number of common shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur from common shares issuable through convertible preferred stock, stock options, RSUs, and warrants.

 

At June 30, 2024 and 2023, the potentially dilutive common stock equivalents not included in the calculation of diluted earnings per share as their effect would have been anti-dilutive were as follows:

 

 

 

June 30, 2024

 

 

June 30, 2023

 

Warrants

 

 

12,346,215

 

 

 

12,346,215

 

Stock options and RSU awards

 

 

3,945,000

 

 

 

-

 

Total possible dilution

 

 

16,291,215

 

 

 

12,346,215