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 incremental shares issuable upon exercis e 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 nine months ended March 31,2022
and 2021,the Company had outstanding convertible notes and warrants which represent 68,750 and  1,096,705 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 March 31,2022 and
2021, the Company had outstanding convertible notes and warrants which represent 68,750 and 68,750 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.

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