Annual report pursuant to Section 13 and 15(d)

Loss Per Share of Common Stock (Tables)

v3.22.1
Loss Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Schedule of basic and diluted earnings per share
The following tables are a reconciliation of the numerators and denominators used in the calculation of basic and diluted net loss per share computations:
For the Year Ended December 31, 2021
Loss
(Numerator)
Shares
(Denominator)
Per-Share
Amount
Net loss and comprehensive loss $ (8,522,182)
Basic EPS
Loss available to common stockholders (8,522,182) 406,599,390  $ (0.02)
Diluted EPS
Loss available to common stockholders + assumed conversions $ (8,522,182) 406,599,390  $ (0.02)
For the Year Ended December 31, 2020
Income
(Numerator)
Shares
(Denominator)
Per-Share
Amount
Net loss and comprehensive loss $ (6,560,699)
Basic EPS
Income available to common stockholders (6,560,699) 230,746,878  $ (0.03)
Effect of Dilutive Securities
Warrants – liability classified (345,473) 674,095 
Diluted EPS
Loss available to common stockholders + assumed conversions $ (6,906,172) 231,420,973  $ (0.03)
Schedule of anti-dilutive securities
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:
Year Ended
December 31,
2021 2020
Stock options 35,405,000  22,050,000 
Unvested restricted stock units 4,000,000  — 
Unvested restricted stock 150,000  — 
Common shares underlying convertible debt 5,393,684  5,126,343 
Warrants 134,792,225  145,039,240