EARNINGS PER SHARE (Tables)

9 Months Ended

Jun. 30, 2021

Net Income (Loss) per share:

Computation of basic and diluted earnings per share

	Three Months Ended					Nine Months Ended
	June 30,		June 30,			June 30,			June 30,
	2021		2020			2021			2020
Basic:
Net income (loss) continuing operations	$	1,537,288	$	(8,944,921	)	$	(20,368,808	)	$	18,909,818
Preferred dividends paid		560,281		100,050			1,220,610			266,800
Net income (loss) continuing operations adjusted for preferred dividend		977,007		(9,044,971	)		(21,589,418	)		18,643,018
Net income (loss) discontinued operations		-		(7,781	)		-			(48,983	)
Net income (loss) attributable to cbdMD Inc. common shareholders		977,007		(9,052,752	)		(21,589,418	)		18,594,035
Diluted:
Net income (loss) continuing operations		977,007		(9,044,971	)		(21,589,418	)		18,643,018
Net income (loss) discontinued operations		-		(7,781	)		-			(48,983	)
Net income (loss)		977,007		(9,052,752	)		(21,589,418	)		18,594,035
Shares used in computing basic earnings per share		56,676,326		51,335,548			54,089,263			41,411,261
Effect of dilutive securities:
Options		64,833		-			-			33,222
Warrants		22,884		-			-			256,536
Convertible preferred shares		4,667,600		833,500			-			833,500
Shares used in computing diluted earnings per share		61,431,643		52,169,048			54,089,263			42,534,519
Earnings per share Basic:
Continued operations		0.02		(0.18	)		(0.40	)		0.45
Discontinued operations		-		-			-			-
Basic earnings per share		0.02		(0.18	)		(0.40	)		0.45
Earnings per share Dliuted:
Continued operations		0.02		-			-			0.44
Discontinued operations		-		-			-			-
Diluted earnings per share		0.02		-			-			0.44