| Computation of Basic and Diluted Net Income (Loss) per Share |
The following table presents the computation of basic and diluted net income (loss) per share:
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Years Ended September 30, |
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2021 |
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2020 |
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Basic |
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Net income (loss) |
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$ |
31,197 |
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$ |
10,927 |
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Less: preferred stock dividends |
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— |
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(1 |
) |
Net income (loss) applicable to common stock |
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$ |
31,197 |
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|
$ |
10,926 |
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Weighted average common shares outstanding |
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|
1,566,288 |
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|
|
1,706,561 |
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Basic income (loss) per share |
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$ |
19.92 |
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|
$ |
6.40 |
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Diluted |
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Net income (loss) applicable to common stock |
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$ |
31,197 |
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|
$ |
10,926 |
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Add: preferred stock dividends |
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|
— |
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|
|
1 |
|
Net income (loss) applicable for diluted earnings per share |
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$ |
31,197 |
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|
$ |
10,927 |
|
Weighted average common shares outstanding |
|
|
1,566,288 |
|
|
|
1,706,561 |
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Add: Options |
|
|
37,069 |
|
|
|
119,168 |
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Add: Series B Preferred Stock |
|
|
1,578,950 |
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|
|
1,071,220 |
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Add: Series B Preferred Stock Warrants |
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— |
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|
|
590,147 |
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Add: Series E Preferred Stock |
|
|
239 |
|
|
|
47,840 |
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Assumed weighted average common shares
outstanding |
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|
3,182,546 |
|
|
|
3,534,936 |
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Diluted income (loss) per share |
|
$ |
9.80 |
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|
$ |
3.09 |
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