Years Ended September 30,

2020

2019

Basic

Net income (loss)

$

10,927

$

(4,012

)

Less: preferred stock dividends

(1

)

(1

)

Net income (loss) applicable to common stock

$

10,926

$

(4,013

)

Weighted average common shares outstanding

1,706,561

1,901,315

Basic income (loss) per share

$

6.40

$

(2.11

)

Diluted

Net income (loss) applicable to common stock

$

10,926

$

(4,013

)

Add: preferred stock dividends

1

1

Net income (loss) applicable for diluted earnings per share

$

10,927

$

(4,012

)

Weighted average common shares outstanding

1,706,561

1,901,315

Add: Options

119,168

—

Add: Series B Preferred Stock

1,071,220

—

Add: Series B Preferred Stock Warrants

590,147

—

Add: Series E Preferred Stock

47,840

—

Assumed weighted average common shares

   outstanding

3,534,936

1,901,315

Diluted income (loss) per share

$

3.09

$

(2.11

)