Net Income (Loss) Per Common Share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net Loss Per Common Share

Net Income (Loss) Per Common Share

Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per share reflects the potential dilution that could occur if stock options were exercised.

The following is a reconciliation of the numerator and denominator used in the basic and diluted computation of net income (loss) per share: 

	Three Months Ended   June 30,					Six Months Ended   June 30,
	2020		2019			2020		2019
Numerator:
Net income (loss) attributable to Comstock Mining Inc.	$	1,275,986	$	(2,077,744	)	$	1,012,774	$	(3,912,809	)
Denominator:
Basic and diluted weighted average shares outstanding	28,253,242		16,594,983			27,758,899		16,199,927
Incremental shares	11,231		—			5,615		—
Diluted weighted average shares outstanding	28,264,472		16,594,983			27,764,514		16,199,927
Net income (loss) per common share:
Basic EPS	$	0.05	$	(0.13	)	$	0.04	$	(0.24	)
Diluted EPS	$	0.05	$	(0.13	)	$	0.04	$	(0.24	)