Net income (loss) per common share

9 Months Ended

Sep. 30, 2022

Loss per share

Net income (loss) per common share

20. Net income (loss) per common share

For the three months ended September 30, 2022, the computation of basic and diluted earnings per share is calculated as follows:

			Number of		Per share
	Amount		shares		amount
Basic earnings per share
Net income per share available for common stockholders	$	458,713		3,729,053,805	$	0.00
Effect of dilutive securities
Convertible debt		163,565		547,490,575
Diluted earnings per share
Net income per share available for common stockholders	$	622,278		4,276,544,380	$	0.00

For the three months ended September 30, 2021, the computation of basic and diluted earnings per share is calculated as follows:

			Number of		Per share
	Amount		shares		amount
Basic earnings per share
Net income per share available for common stockholders	$	1,525,766		2,875,702,002	$	0.00
Effect of dilutive securities
Warrants		—		297,205,984
Convertible debt		123,266		823,112,567
Diluted earnings per share
Net income per share available for common stockholders	$	1,649,032		3,996,020,553	$	0.00

For the nine months ended September 30, 2022, the computation of basic and diluted earnings per share is calculated as follows:

			Number of		Per share
	Amount		shares		amount
Basic earnings per share
Net income per share available for common stockholders	$	41,135		3,693,636,223	$	0.00
Effect of dilutive securities
Convertible debt		230,724		547,490,575
Diluted earnings per share
Net income per share available for common stockholders	$	271,859		4,244,126,798	$	0.00

For the nine months ended September 30, 2021, the following warrants and convertible securities were excluded from the computation of diluted net loss per share as the results would have been anti-dilutive.

	Nine months ended September 30, 2021
Warrants to purchase shares of common stock		684,345,057
Convertible notes (in shares)		1,056,854,401
		1,741,199,458

ETHEMA HEALTH CORPORATION

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS