EARNINGS PER SHARE

12 Months Ended

Jun. 30, 2022

NOTE 10 – EARNINGS PER SHARE

Basic earnings per share is computed using the weighted average number of shares outstanding. Diluted earnings per share is computed using the weighted average number of shares outstanding adjusted for the incremental shares attributed to potentially diluted securities. The following table sets forth the computation of basic and diluted earnings per share for year ended June 30, 2022, six months ended June 30, 2021 and six months ended December 31, 2020:

	Year Ended		Six Months Ended		Six Months Ended
	June 30, 2022		June 30, 2021		December 31, 2020
	(Successor Basis)		(Successor Basis)		(Predecessor Basis)

Net income (loss) attributable to common stockholders	$	4,507,957	$	264,157	$	(9,667,137	)

Basic and diluted weighted average common shares outstanding		13,340,164.03		13,332,535.70		13,020,208.16

Basic and diluted earnings per share	$	0.34	$	0.02	$	(0.74	)