TILT Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Income (Loss) Per Share

Income (Loss) Per Share

9 Months Ended

Sep. 30, 2022

15.Income (Loss) Per Share

The following is a calculation of basic and diluted loss per share for the three and nine months ended September 30, 2022 and 2021:


Income (loss) per share	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
	2022		2021		2022		2021
Net (loss) income attributable to TILT	$	(15,691)	$	1,026	$	(34,371)	$	(14,997)
Weighted-average number of shares and units outstanding - basic		375,776,275		371,055,001		375,311,644		368,402,073
Weighted-average number of shares and units outstanding - diluted		N/A		409,696,936		N/A		N/A
(Loss) income per share - basic	$	(0.04)	$	0.00	$	(0.09)	$	(0.04)
Income per share - diluted	$	N/A	$	0.00	$	N/A	$	N/A

Diluted loss per share for the three and nine months ended September 30, 2022 and the nine months ended September 30, 2021 is the same as basic loss per share as the issuance of shares on exercise of warrants and share options is anti-dilutive.