Annual report pursuant to Section 13 and 15(d)

Loss Per Share of Common Stock (Tables)

v3.23.1
Loss Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022
Loss (Numerator) Shares (Denominator) Per-Share Amount
Net loss $ (19,481,602)
Basic EPS and diluted EPS
Net loss available to common stockholders (19,481,602) 555,270,089  $ (0.04)
For the Year Ended December 31, 2021
Income (Numerator) Shares (Denominator) Per-Share Amount
Net loss $ (8,522,182)
Basic EPS and diluted EPS
Net loss available to common stockholders (8,522,182) 406,599,390  $ (0.02)
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,
2022 2021
Stock options 42,995,062  35,405,000 
Unvested restricted stock units 2,666,667  4,000,000 
Unvested restricted stock —  150,000 
Common shares underlying convertible debt 4,660,471  5,393,684 
Warrants 197,134,632  134,792,225