Loss Per Share

12 Months Ended

Dec. 31, 2021

Loss Per Share

Loss Per Share

NOTE 19 – LOSS PER SHARE

A reconciliation of the numerator and denominator used in the basic and diluted loss per share calculation is presented as follows:

	Year ended December 31
	2021			2020
Basic Loss Per Share
Net loss numerator	$	(5,673,251	)	$	(21,491,113	)
Weighted average shares outstanding denominator		5,304,872			5,305,829
Per share amount	$	(1.07	)	$	(4.05	)
Diluted Loss Per Share
Net loss numerator	$	(5,673,251	)	$	(21,491,113	)
Weighted average shares outstanding		5,304,872			5,305,829
Effect of diluted securities		-			-
Diluted shares outstanding denominator		5,304,872			5,305,829
Per share amount	$	(1.07	)	$	(4.05	)

As of December 31, 2021, and 2020, the Company had no common share equivalents that were excluded in the diluted loss per share calculation for years ended December 31, 2021 and 2020.