Three Months Ended June 30,

Six Months Ended June 30,

2023

2022

2023

2022

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

$

7,531,472

$

2,709,719

$

11,604,261

$

5,033,848

Less: preferred stock dividends

(4,087)

(3,250)

(7,010)

(5,684)

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

7,527,385

2,706,469

11,597,251

5,028,164

Total loss from discontinued operations

(207,701)

(419,833)

(466,864)

(1,027,147)

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

$

7,319,684

$

2,286,636

$

11,130,387

$

4,001,017

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

15,736,041

15,285,523

15,729,852

15,285,523

Plus:

Weighted average number of preferred shares outstanding during the period

34,695

29,049

34,540

28,843

Potential dilutive effect of unexercised options and unvested stock grants

136,704

121,849

135,531

121,590

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

15,907,440

15,436,421

15,899,923

15,435,956