CTI Industries Corporation Just Filed Its Quarterly Report: Earnings (loss) per ...

Earnings (loss) per share:
 
Basic (loss) per common share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding for each period. Diluted (loss) per share is computed by dividing the net (loss) by the weighted average number of shares of common stock outstanding plus the dilutive effect of shares issuable through the common stock equivalents. The effect of dilution on net loss becomes anti-dilutive and therefore is
not
reflected on the income statement.
 
Common stock equivalents, including Series A Preferred, stock options and warrants, as of
March 31, 2020
and
March 31, 2019
totaling
4.1
 million and
0.6
 million shares, respectively, were
not
included in the computation of diluted loss per share because the effect would have been anti-dilutive due to the net losses for the
three
months ended
March 31, 2020
and
March 31, 2019.

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

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