Question-and-Answer Session
Operator
(Operator Instructions)
Scott Petersen
Operator, are there any questions?
Operator
First question come from Alex Lieblong from Key Colony.
Alex Lieblong -Key Colony
Well, I think it would be helpful when you're going over this cash flow per share, what is the fully diluted share count now? So I think that was a little misleading.
Scott Petersen
The data point there would be coming off the GAAP shares outstanding today. So your point would be as if the [preferred] stock offering was on an as converted basis, right?
Alex Lieblong -Key Colony
Yes, sir.
Scott Petersen
I have to get back with you. I don't have that number, Alex. But we'll post that out. That's a good data point to have.
Alex Lieblong -Key Colony
Am I correct in thinking that we were diluted about 50%?
Scott Petersen
I believe it's less than that.
Alex Lieblong -Key Colony
Ballpark?
Scott Petersen
40. I believe 26?
Gary Ritondaro
35% to 40%.
Scott Petersen
If you took with the [shoot] that then went out, if you would take the existing cost, we have converted, I think it would be the as converted would roughly equal just shy of 40%.
Alex Lieblong -Key Colony
I guess, what I'm saying is, where we had 2.68-ish per share free cash flow, we'll go through that later.
Gary Ritondaro
Yeah, it's not new. It's about $1.80, I think. We have $1.80 now...
Alex Lieblong -Key Colony
Right, if my math is correct. I think it's in that range.
Scott Petersen
And then you would need to take off the interest cost. So there would be incremental cash flows coming down through the P&L, because there wouldn't be a dividend nor the interest factor attached to that, I believe, too.
Gary Ritondaro
Right.
Alex Lieblong -Key Colony
Okay, so you're saying that $1.80, that is per share for the six months.
Gary Ritondaro
No, that's an annualized 12 months, Alex.
Alex Lieblong -Key Colony
Okay, that's $1.80 versus $2.68?
Gary Ritondaro
Yes.
Alex Lieblong -Key Colony
Okay, I'll found myself now. I didn't have my notes. What was the free cash flow last quarter?
Gary Ritondaro
Give me a minute here. As we presented, about $15 million.
Alex Lieblong -Key Colony
Okay, we were $16 million this quarter?
Gary Ritondaro
Yes, about 14.
Alex Lieblong -Key Colony
Okay, where did I get the 16, I don't know. Is there anyway when you're going forward, say in this hospital, what we're doing with hospitals say, okay, how many beds that were actually got online now versus kind of keep where we can kind of count the apples please?
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