Earnings (Loss) per Share

6 Months Ended

Jun. 30, 2022

ID Experts Holdings, Inc. and Subsidiary [Member]

Earnings (Loss) per Share [Line Items]

Earnings (Loss) per Share

8: Earnings (Loss) per Share

Earnings (loss) Per Share (EPS) is calculated under the two-class method under which all earnings (distributed and undistributed) are allocated to each class of common stock and participating securities based on their respective rights to receive dividends. Series A-1 and A-2 preferred stock are entitled to receive nonforfeitable dividends equivalent to the dividends paid to the holders of common stock; the preferred shares meet the definition of participating securities. The following table present the calculations of basic and diluted EPS for the three and six months ended June 30, 2022 (in thousands, except per share data):

	Three Months Ended June 30, 2022		Six Months Ended June 30, 2022
Net income (loss) applicable to common equity	$	229	$	(29	)
Less: undistributed earnings allocated to participating securities		21		21
Net income (loss) applicable to common stockholders	$	250	$	(8	)
Total weighted-average common shares outstanding		12,756,222		12,706,627
Net income (loss) per share, basic and diluted	$	0.02	$	-