Singing Machine Company, Inc. (The) Just Filed Its Quarterly Report: COMPUTATION OF (LOSS...

COMPUTATION
OF (LOSS) EARNINGS PER SHARE



 



Basic
net income (loss) per share is based on the w eighted average number of shares of common stock outstanding during the period. Diluted
net income (loss) per share reflects the potential dilution assuming shares of common stock were issued upon the exercise of outstanding
in-the-money options and the proceeds thereof were used to purchase shares of Company common stock at the average market price during
the period using the treasury stock method. For the three months ended June 30, 2021 and 2020, options to purchase 1,660,000 shares and
2,230,000  shares of common stock, respectively have been excluded from diluted earnings per share as the result would have been
anti-dilutive.



 



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

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Other recent filings from the company include the following:

Other definitive information statements - Oct. 26, 2021
Other preliminary information statements - Oct. 13, 2021

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