Computation of Basic and Diluted Earnings Per Share |
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For the Three Months Ended |
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For the Six Months Ended |
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June 30, 2022 |
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June 30, 2021 |
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June 30, 2022 |
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June 30, 2021 |
Net Income (loss) |
$ |
2,170,126 |
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$ |
2,427,409 |
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$ |
6,534,883 |
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$ |
(8,266,854) |
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Less: Net income attributable to non-controlling interest |
$ |
966,671 |
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$ |
2,014,870 |
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$ |
3,026,965 |
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$ |
3,620,178 |
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Net income (loss) attributable to CorEnergy |
$ |
1,203,455 |
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$ |
412,539 |
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$ |
3,507,918 |
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$ |
(11,887,032) |
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Less: preferred dividend requirements |
2,388,130 |
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2,309,672 |
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4,776,260 |
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4,619,344 |
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Net loss attributable to Common Stockholders |
$ |
(1,184,675) |
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$ |
(1,897,133) |
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$ |
(1,268,342) |
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$ |
(16,506,376) |
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Weighted average common shares - basic |
15,673,703 |
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13,659,667 |
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15,637,515 |
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13,655,617 |
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Basic loss per common share |
$ |
(0.08) |
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$ |
(0.14) |
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$ |
(0.08) |
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$ |
(1.21) |
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Net loss attributable to Common Stockholders (from above) |
$ |
(1,184,675) |
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$ |
(1,897,133) |
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$ |
(1,268,342) |
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$ |
(16,506,376) |
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Weighted average common shares - diluted |
15,673,703 |
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13,659,667 |
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15,637,515 |
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13,655,617 |
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Diluted loss per common share |
$ |
(0.08) |
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$ |
(0.14) |
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$ |
(0.08) |
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$ |
(1.21) |
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