The following table sets forth the computation
of basic and diluted income (loss) per common share for the quarters ended March 31, 2022 and 2021.
For March | ||||||||
| 2022 | 2021 | |||||||
| $ | $ | |||||||
| Numerator: | ||||||||
| Net (loss) income attributable to the Company | (805,720 | ) | 49,490 | |||||
| Denominator: | ||||||||
| Weighted-average shares outstanding | ||||||||
| - Basic | 10,677,150 | 9,131,786 | ||||||
| - Diluted | 10,677,150 | 13,821,506 | ||||||
| (Loss) income per share: | ||||||||
| - Basic | (0.0755 | ) | 0.0054 | |||||
| - Diluted | (0.0755 | ) | 0.0036 | |||||
Basic net income per common share is computed
using the weighted average number of the common shares outstanding during the period ended March 31, 2021. Diluted income per share is
computed using the weighted average number of ordinary shares and ordinary equivalent shares outstanding which include warrants
outstanding as of March 31, 2021.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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