Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share of Common Stock

v3.23.1
Loss Per Share of Common Stock
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
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:
Three Months Ended
March 31, (Unaudited)
2023 2022
Basic EPS and diluted EPS:
Loss (Numerator)
Net loss $ (5,167,520) $ (3,043,399)
Shares (Denominator)
Weighted average common shares outstanding 941,894,609  495,823,445 
Per-Share Amount $ (0.01) $ (0.01)
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:
Three Months Ended
March 31, (Unaudited)
2023 2022
Stock options 43,933,250  34,365,000 
Common shares underlying convertible debt —  5,124,384 
Warrants 177,093,146  134,187,225 
Unvested restricted stock units 2,666,667  4,000,000