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)
9 Months Ended
Sep. 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
September 30, (Unaudited)
Nine Months Ended
September 30, (Unaudited)
2022 2021 2022 2021
Basic net loss per share:
Net loss $ (3,127,283) $ (1,824,818) $ (9,589,960) $ (6,009,362)
Weighted average common shares outstanding – diluted 495,925,112  413,489,603  495,891,596  376,547,498 
Loss per share - basic $ (0.01) $   $ (0.02) $ (0.02)
Diluted net loss per share:
Net loss (as adjusted) $ (3,127,283) $ (1,704,980) $ (9,589,960) $ (6,009,362)
Weighted average common shares outstanding – diluted 495,925,112  414,461,032  495,891,596  376,547,498 
Net loss per share - diluted $ (0.01) $   $ (0.02) $ (0.02)
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
September 30, (Unaudited)
Nine Months Ended
September 30, (Unaudited)
2022 2021 2022 2021
Stock options 37,755,000  23,490,000  37,755,000  23,490,000 
Common shares underlying convertible debt 5,661,025  5,303,591  5,661,025  5,303,591 
Warrants 136,187,225  133,945,796  136,187,225  134,917,225 
Unvested restricted stock units 4,000,000  —  4,000,000  —