NET LOSS PER SHARE

6 Months Ended

Jun. 30, 2024

NET LOSS PER SHARE

NET LOSS PER SHARE

NOTE 5: NET LOSS PER SHARE

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per common share is computed similarly to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

The following table sets forth the computation of net loss per share for the three and six months ended June 30, 2024 and 2023, respectively:

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
	2024		2023		2024		2023
Numerator:
Loss from continuing operations	$	(2,192,677)	$	(4,098,980)	$	(4,585,499)	$	(8,323,807)
Income from discontinued operations	$	—	$	6,614,769	$	—	$	5,872,020
Net (loss) income	$	(2,192,677)	$	2,515,789	$	(4,585,499)	$	(2,451,787)
Denominator:
Weighted average common shares outstanding, basic		8,918,233		8,798,956		8,910,097		8,760,209
Weighted average common shares outstanding, diluted		8,918,233		8,798,956		8,910,097		8,760,209
Net earnings (loss) per share:
Loss from continuing operations, basic and diluted	$	(0.25)	$	(0.47)	$	(0.51)	$	(0.95)
Income from discontinued operations, basic and diluted	$	—	$	0.75	$	—	$	0.67
Net (loss) income per share, basic and diluted	$	(0.25)	$	0.29	$	(0.51)	$	(0.28)

The following securities, rounded to the nearest thousand, were not included in the diluted net loss per share calculation because their effect was anti-dilutive for the periods presented:

	For the Six Months Ended
	June 30,
	2024	2023
Common stock options	601,000	1,143,000
Common stock purchase warrants	—	1,848,000
Potentially dilutive securities	601,000	2,991,000