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Exhibit 1
CRAWFORD UNITED
CONSOLIDATED STATEMENT OF COMPUTATION OF EARNINGS
PER COMMON SHARE AND SHARE EQUIVALENTS
December 31, | December 31, | |||||||
Years Ended, | 2023 | 2022 | ||||||
NET INCOME | ||||||||
Net income applicable to common shares for basic earnings per share | $ | 13,294,793 | $ | 6,561,403 | ||||
Net Income applicable to common shares for diluted earnings per share | $ | 13,294,793 | $ | 6,561,403 | ||||
SHARES OUTSTANDING | ||||||||
Weighted average shares for basic earnings per share | 3,507,883 | 3,462,868 | ||||||
Unvested Restricted Stock Awards | 18,953 | - | ||||||
Total shares for diluted earnings per share | 3,526,836 | 3,462,868 | ||||||
Basic Earnings Per Common Share | $ | 3.79 | $ | 1.89 | ||||
Diluted Earnings Per Common Share | $ | 3.77 | $ | 1.89 |
* Net effect of stock options was antidilutive for the period.