Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share or Unit

v3.22.2.2
Income (Loss) Per Share or Unit
9 Months Ended
Sep. 30, 2022
Income (Loss) Per Share or Unit  
Income (Loss) Per Share or Unit

Note 10 — Income (Loss) Per Share / Unit

The Company has two classes of common stock, Class A and Class B.  Basic and diluted earnings per share (“EPS”) attributable to common stockholders for Class A and Class B common stock were the same because they were entitled to the same liquidation and dividend rights.  The following table sets forth the computation of the Company’s basic and diluted income (loss) per share.

    

For the Three Months Ended

 

For the Nine Months Ended

September 30, 

 

September 30, 

    

2022

    

2021

    

2022

    

2021

Net income (loss) per unit attributable to stockholders/members

$

810,783

$

(226,366)

$

2,753,523

$

623,701

Weighted average common shares outstanding - basic

 

14,545,241

 

34,182

 

11,996,969

 

34,182

Options to purchase common stock

 

 

 

 

Restricted stock

 

 

 

 

Weighted average common shares outstanding - diluted

 

14,545,241

 

34,182

 

11,996,969

 

34,182

Net income (loss) per share / unit, basic and diluted

$

0.06

$

(6.62)

$

0.23

$

18.25