Digital Ally Just Filed Its Quarterly Report: NOTE 14. NET INCOME ...

NOTE
14. NET INCOME (LOSS) PER SHARE



 



The
calculation of the weighted average number of shares outstanding a nd income (loss) per share outstanding for the three and nine months
ended September 30, 2020 and 2019 are as follows:



 


































































































   2021   2020   2021   2020 
  

Three
Months Ended

September
30,

  

Nine
months ended

September
30,

 
   2021   2020   2021   2020 
Numerator
for basic and diluted income per share – Net income (loss) attributable to common stockholders
  $8,068,799   $527,442   $24,408,170  $(2,304,562)
                     
Denominator for basic loss per
share – weighted average shares outstanding
   51,809,435    26,613,109    49,404,794    19,861,694 
                     
Dilutive effect
of shares issuable under stock options outstanding
       14,832         
                     
Dilutive
effect of shares issuable under common stock purchase warrants and convertible debt outstanding
                
                     
Denominator
for diluted income (loss) per share – adjusted weighted average shares outstanding
   51,809,435    26,627,941    49,404,794    19,861,694 
                     
Net income (loss) per share attributable
to common stockholders:
                    
Basic  $0.16   $0.02   $0.49   $(0.12)
Diluted  $0.16   $0.02   $0.49   $(0.12)


 



Basic
income (loss) per share is based upon the weighted average number of common shares outstanding during the period. For the three and nine
months ended September 30, 2021 and 2020, all shares issuable upon conversion of convertible debt and the exercise of outstanding stock
options and warrants were antidilutive, and, therefore, not included in the computation of diluted income (loss) per share.



 



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

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Digital Ally Just Filed Its Quarterly Report: NOTE 16. NET EARNING... - Aug. 15, 2022

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