NET INCOME PER SHARE

12 Months Ended

Oct. 31, 2023

NOTE 8 – NET INCOME PER SHARE

The following table sets forth the computation of basic and fully diluted loss per common share for the years ended:


	Year		Year
	Ended		Ended
	October 31,		October 31,
Fiscal Period	2023		2022
Numerator:
Net Income	$	3,124,149	$	4,301,221

Denominator:
Basic weighted average common shares outstanding		11,131,469		10,863,674
Effect of dilutive options and restricted stock awards		192,099		417,673
Diluted outstanding shares		11,323,568		11,281,347

Net income per share

Basic	$	0.28	$	0.40
Diluted	$	0.28	$	0.38

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

October 31, 2023 and 2022