Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of earnings per share, basic and diluted
The computations of basic and diluted loss per common share are as follows:
Three Months Ended
June 30, (Unaudited)
Six Months Ended
June 30, (Unaudited)
2022 2021 2022 2021
Basic and diluted loss per share:
Net loss $ (3,419,278) $ (2,024,027) $ (6,462,677) $ (4,184,544)
Weighted average common shares outstanding – basic and diluted 495,925,112  378,427,575  495,874,560  357,770,295 
Loss per share - basic and diluted $ (0.01) $ (0.01) $ (0.01) $ (0.01)
Schedule of outstanding shares of common stock equivalents were excluded from the computation of diluted earnings per share
The following outstanding shares of common stock equivalents were excluded from the computation of diluted loss per share of common stock for the periods presented because including them would have been anti-dilutive:
Three Months Ended
June 30, (Unaudited)
Six Months Ended
June 30, (Unaudited)
2022 2021 2022 2021
Stock options 37,755,000  21,850,000  37,755,000  21,850,000 
Common shares underlying convertible debt 5,570,932  5,213,498  5,570,932  5,213,498 
Warrants 136,187,225  50,213,334  136,187,225  50,213,334 
Unvested restricted stock units 4,000,000  —  4,000,000  —