Three Months Ended September 30,

Nine Months Ended September 30,

2022

2021

2022

2021

Net income from continuing operations attributable to Consolidated Water Co. Ltd. stockholders

$

823,611

$

1,363,960

$

5,857,459

$

1,152,256

Less: preferred stock dividends

(2,925)

(2,628)

(8,609)

(8,362)

Net income from continuing operations available to common shares in the determination of basic earnings per common share

820,686

1,361,332

5,848,850

1,143,894

Loss from discontinued operations

(505,917)

(1,078,367)

(1,533,064)

(1,542,540)

Net income (loss) available to common shares in the determination of basic earnings per common share

$

314,769

$

282,965

$

4,315,786

$

(398,646)

Weighted average number of common shares in the determination of basic earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

15,290,597

15,209,432

15,287,233

15,204,220

Plus:

Weighted average number of preferred shares outstanding during the period

35,366

31,861

31,041

30,701

Potential dilutive effect of unexercised options and unvested stock grants

124,313

110,589

121,987

110,199

Weighted average number of shares used for determining diluted earnings per common share attributable to Consolidated Water Co. Ltd. common stockholders

15,450,276

15,351,882

15,440,261

15,345,120