| Loss Per Share of Common Stock |
Loss Per Share of Common Stock The following tables are a reconciliation of the numerators and denominators used in the calculation of basic and diluted net loss per share computations:
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For the Year Ended December 31, 2021 |
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Loss
(Numerator) |
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Shares
(Denominator) |
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Per-Share
Amount |
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| Net loss and comprehensive loss |
$ |
(8,522,182) |
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| Basic EPS |
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| Loss available to common stockholders |
(8,522,182) |
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406,599,390 |
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$ |
(0.02) |
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| Diluted EPS |
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| Loss available to common stockholders + assumed conversions |
$ |
(8,522,182) |
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406,599,390 |
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$ |
(0.02) |
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For the Year Ended December 31, 2020 |
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Income
(Numerator) |
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Shares
(Denominator) |
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Per-Share
Amount |
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| Net loss and comprehensive loss |
$ |
(6,560,699) |
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| Basic EPS |
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| Income available to common stockholders |
(6,560,699) |
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230,746,878 |
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$ |
(0.03) |
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| Effect of Dilutive Securities |
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| Warrants – liability classified |
(345,473) |
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674,095 |
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| Diluted EPS |
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| Loss available to common stockholders + assumed conversions |
$ |
(6,906,172) |
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231,420,973 |
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$ |
(0.03) |
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The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive:
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Year Ended
December 31, |
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2021 |
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2020 |
| Stock options |
35,405,000 |
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22,050,000 |
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| Unvested restricted stock units |
4,000,000 |
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— |
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| Unvested restricted stock |
150,000 |
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— |
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| Common shares underlying convertible debt |
5,393,684 |
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5,126,343 |
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| Warrants |
134,792,225 |
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145,039,240 |
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