Cambridge Projects, Inc. Just Filed Its Quarterly Report: Earnings (losses) pe...

Earnings (losses) per share



 



Basic earnings (losses) per share
is computed by dividing net income (loss) by the weighted-average number of common shares outstanding during the period. Diluted earnings
(losses) per share is computed giving effect to all dilutive potential common shares that were outstanding during the period. Dilutive
potential common shares consist of increm ental shares issuable upon exercise of stock options and warrants and conversion of convertible
debt. Such potentially dilutive shares are excluded when the effect would be to reduce a net loss per share or increase a net income per
share.



 



 During the three months ended September
30, 2021,the Company had outstanding convertible notes and warrants which represent 68,750
 shares
of commons stock respectively. These shares of common stock were excluded from the computation of diluted earnings per share since their
effect would have been antidilutive.



 



During the three months ended September 30, 2020, the
Company had outstanding convertible notes and warrants which represent 1,096,705 shares of commons stock. These shares of common stock
were excluded from the computation of diluted earnings per share since their effect would have been antidilutive.



The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Cambridge Projects, Inc. makes a similar move, sign up!

Auto Refresh

Feedback