Lowell Farms Inc. Quarterly report pursuant to Section 13 or 15(d)

NET INCOME (LOSS) PER SHARE (Tables)

9 Months Ended

Sep. 30, 2021

	Three Months Ended						Nine Months Ended
	September 30,			September 30,			September 30,			September 30,
(in thousands except per share amounts)	2021			2020			2021			2020
Net loss	$	(8,700	)	$	(1,171	)	$	(14,685	)	$	(17,802	)

Net loss per share:
Basic	$	(0.10	)	$	(0.04	)	$	(0.15	)	$	(0.54	)
Diluted	$	(0.10	)	$	(0.04	)	$	(0.15	)	$	(0.54	)
Weighted average shares outstanding:
Basic		84,922			33,398			98,949			33,048
Diluted		84,922			33,398			98,949			33,048

Weighted average potentially diluted shares (1):
Basic shares		84,922			33,398			98,949			33,048
Options		-			-			-			-
Warrants		-			-			-			-
Convertible debentures		-			-			-			-
Restricted stock units		-			-			-			-
Total weighted average potentially diluted shares:		84,922			33,398			98,949			33,048