XML 39 R28.htm IDEA: XBRL DOCUMENT v3.22.2.2
Net Loss Per Share (As Restated) (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Numerator and Denominator used in Calculation of Basic and Diluted Net Loss Per Common Share

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per common share for the three and six months ended June 30, 2022 is as follows:

 

 

 

For the Three

Months Ended

June 30, 2022

 

 

For the Six

Months Ended

June 30, 2022

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(2,667,036

)

 

$

(11,846,040

)

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

15,273,707

 

 

 

14,794,637

 

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

Weighted average shares of common stock outstanding

 

 

15,273,707

 

 

 

14,794,637

 

Effect of potentially dilutive shares (1)

 

 

2,407,693

 

 

 

1,577,900

 

Total weighted average shares of common stock and potentially dilutive shares

 

 

17,681,400

 

 

 

16,372,537

 

 

 

 

 

 

 

 

 

 

Net loss per common share:

 

 

 

 

 

 

 

 

Basic:

 

 

 

 

 

 

 

 

Net loss applicable to common stockholders

 

$

(2,667,036

)

 

$

(11,846,040

)

Weighted average shares of stock outstanding, basic

 

 

15,273,707

 

 

 

14,794,637

 

Basic net loss per common share

 

$

(0.17

)

 

$

(0.80

)

 

 

 

 

 

 

 

 

 

Diluted:

 

 

 

 

 

 

 

 

Net loss applicable to common shareholders, diluted (1)

 

$

(5,308,236

)

 

$

(13,524,840

)

Weighted average shares of stock outstanding, diluted

 

 

17,681,400

 

 

 

16,372,537

 

Diluted net loss per common share

 

$

(0.30

)

 

$

(0.83

)

Schedule of Reconciliation of Number of Shares of Common Stock Underlying Potentially Dilutive Securities

As of June 30, 2022 and 2021, the number of shares of common stock underlying potentially dilutive securities excluded from the calculation of diluted net loss per share, because our net loss meant that their inclusion would have been anti-dilutive for those periods, consists of:

 

 

June 30,

 

 

 

2022

 

 

2021

 

Options to purchase common stock

 

 

2,850,787

 

 

 

1,751,475

 

SWK Warrant

 

 

150,000

 

 

 

 

Total

 

 

3,000,787

 

 

 

1,751,475