Digital Ally Just Filed Its Quarterly Report: NOTE 13. NET EARNING...

NOTE
13. NET EARNINGS (LOSS) PER SHARE



 



The calculation of the weighted
average number of shares outstanding and loss per share outstanding for the three and six months ended June 30, 2021 and 2020 are as follows:



 















































































































































































































































      2021       2020       2021       2020  
   

Three Months Ended 


June 30,

      Six Months Ended
June 30,
 
    2021     2020       2021       2020  
Numerator for basic and diluted income per share – Net income
(loss)
  $ (5,382,487 )   $ (497,894 )   $ 16,339,371
  $ (2,832,004 )
                                 
Denominator for basic loss per share – weighted average shares outstanding     51,513,691       18,976,724       48,177,399       16,430,214  
Dilutive effect of shares issuable under stock options and warrants outstanding                        
                                 
Denominator for diluted loss per share – adjusted weighted average shares outstanding     51,513,691       18,976,724       48,177,399       16,430,214  
                                 
Net loss per share:                                
Basic   $ (0.10 )   $ (0.03 )   $ 0.34
  $ (0.17 )
Diluted   $ (0.10 )   $ (0.03 )   $ 0.34
  $ (0.17 )

 



Basic income (loss) per share
is based upon the weighted average number of common shares outstanding during the period. For the three and six months ended June 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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