| Schedule of Computation of Basic and Diluted Earnings per Share |
The table below details the computation of basic and diluted earnings per share ("EPS") for the three and six months ended March 31, 2022 and 2021:
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For the
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For the
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|
Three Months
|
Three Months
|
|
ended
|
ended
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|
|
March 31, 2022
|
March 31, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
95,537
|
$
|
61,003
|
|
|
|
|
|
|
|
Weighted average number of shares outstanding
|
|
228,359,918
|
|
224,195,273
|
|
|
|
|
|
|
|
Basic earnings per share
|
$
|
0.00
|
$
|
0.00
|
|
|
|
|
|
|
|
|
|
|
|
|
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For the
Six Months
|
For the
Six Months
|
|
ended
|
ended
|
|
|
March 31, 2022
|
March 31, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
145,440
|
$
|
86,081
|
|
|
|
|
|
|
|
Weighted average number of shares outstanding
|
|
228,359,918
|
|
224,195,273
|
|
|
|
|
|
|
|
Basic earnings per share
|
$
|
0.00
|
$
|
0.00
|
|
|
|
|
|
|
The following table sets for the computation of diluted earnings per share:
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|
|
|
|
|
|
|
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For the
|
For the
|
|
|
|
Three Months
|
Three Months
|
|
|
|
ended
|
ended
|
|
|
|
March 31, 2022
|
March 31, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
95,537
|
$
|
61,003
|
|
Add: Preferred stock dividends
|
|
10,119
|
|
10,119
|
|
|
|
|
|
|
|
Adjusted net income
|
$
|
105,656
|
$
|
71,122
|
|
|
|
|
|
|
|
Weighted average number of shares outstanding
|
|
228,359,918
|
|
224,195,273
|
|
Add: Shares issued upon conversion of preferred stock
|
|
371,361,635
|
|
374,212,695
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|
Weighted average number of common and common equivalent shares
|
|
599,721,553
|
|
598,407,968
|
|
|
|
|
|
|
|
Diluted earnings per share
|
$
|
0.00
|
$
|
0.00
|
|
|
|
|
|
|
The following table sets for the computation of diluted earnings per share:
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|
|
|
|
|
|
|
|
|
For the
|
For the
|
|
|
|
Six Months
|
Six Months
|
|
|
|
ended
|
ended
|
|
|
|
March 31, 2022
|
March 31, 2021
|
|
Net income attributable to common stockholders for the period
|
$
|
145,440
|
$
|
86,081
|
|
Add: Preferred stock dividends
|
|
20,463
|
|
20,465
|
|
|
|
|
|
|
|
Adjusted net income
|
$
|
165,903
|
$
|
106,546
|
|
|
|
|
|
|
|
Weighted average number of shares outstanding
|
|
228,359,918
|
|
224,195,273
|
|
Add: Shares issued upon conversion of preferred stock
|
|
371,361,635
|
|
374,212,695
|
|
Weighted average number of common and common equivalent shares
|
|
599,721,553
|
|
598,407,968
|
|
|
|
|
|
|
|
Diluted earnings per share
|
$
|
0.00
|
$
|
0.00
|
|