Net (loss) income attributable to NTIC

$

(263,291

)

$

121,775

$

(60,795

)

$

1,117,185

Denominator:

Basic – weighted shares outstanding

9,496,439

9,474,363

9,490,751

9,475,967

Weighted shares assumed upon exercise of stock options and settlement of restricted stock units

—

65,403

—

210,679

Diluted – weighted shares outstanding

9,496,439

9,539,766

9,490,751

9,686,646

Basic net (loss) income per share:

$

(0.03

)

$

0.01

$

(0.01

)

$

0.12

Diluted net (loss) income per share:

$

(0.03

)

$

0.01

$

(0.01

)

$

0.12