| EARNINGS PER SHARE | 
 NOTE
12 – EARNINGS PER SHARE 
 SCHEDULE
OF EARNINGS PER SHARE BASIC AND DILUTED 
  
    |   | 
  | 
      | 
    Three Months | 
  | 
  | 
      | 
    Three Months | 
  | 
  | 
      | 
    Six Months | 
  | 
  | 
      | 
    Six Months | 
  | 
 
  
    |   | 
  | 
    Three Months | 
  | 
  | 
    Three Months | 
  | 
  | 
    Six Months | 
  | 
  | 
    Six Months | 
  | 
 
    |   | 
  | 
    Ended | 
  | 
  | 
    Ended | 
  | 
  | 
    Ended | 
  | 
  | 
    Ended | 
  | 
 
  
    |   | 
  | 
    April 30 | 
  | 
  | 
    April 30 | 
  | 
  | 
    April 30 | 
  | 
  | 
    April 30 | 
  | 
 
  
    | Fiscal Period | 
  | 
    2022 | 
  | 
  | 
    2021 | 
  | 
  | 
    2022 | 
  | 
  | 
    2021 | 
  | 
 
  
    | Numerator: | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    | Net Income  | 
  | 
    $ | 
611,303 | 
  | 
  | 
    $ | 
2,207,933 | 
  | 
  | 
    $ | 
1,828,551 | 
  | 
  | 
    $ | 
3,336,777 | 
  | 
 
  
    |   | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    | Denominator: | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    | Basic weighted average common shares outstanding | 
  | 
      | 
10,857,673 | 
  | 
  | 
      | 
10,772,315 | 
  | 
  | 
      | 
10,857,429 | 
  | 
  | 
      | 
10,763,652 | 
  | 
 
  
    | Unused portion of options and restricted stock awards | 
  | 
      | 
547,834 | 
  | 
  | 
      | 
419,000 | 
  | 
  | 
      | 
547,834 | 
  | 
  | 
      | 
419,000 | 
  | 
 
  
    | Diluted outstanding shares | 
  | 
      | 
11,405,507 | 
  | 
  | 
      | 
11,191,315 | 
  | 
  | 
      | 
11,405,263 | 
  | 
  | 
      | 
11,182,652 | 
  | 
 
  
    |   | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    | Net income per share | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    |   | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
  | 
      | 
  | 
  | 
 
  
    | Basic | 
  | 
    $ | 
0.06 | 
  | 
  | 
    $ | 
0.20 | 
  | 
  | 
    $ | 
0.17 | 
  | 
  | 
    $ | 
0.31 | 
  | 
 
  
    | Diluted | 
  | 
    $ | 
0.05 | 
  | 
  | 
    $ | 
0.20 | 
  | 
  | 
    $ | 
0.16 | 
  | 
  | 
    $ | 
0.30 | 
  | 
 
   
  
  
CODA
OCTOPUS GROUP, INC. 
Notes
to the Consolidated Financial Statements 
April
30, 2022, and October 31, 2021 
  
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