Net Loss Per Common Share

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Net Loss Per Common Share

Net Loss Per Common Share

Basic and dilutive net loss per common share were as follows:

	Quarters Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net loss applicable to common stockholders	$	(1,768,737)	$	(1,606,254)	$	(4,879,940)	$	(3,724,739)
Weighted average number of common shares outstanding, basic and dilutive	8,520,025		7,011,438		8,034,711		6,962,732
Net loss per common share applicable to common stockholders, basic and diluted	$	(0.21)	$	(0.23)	$	(0.61)	$	(0.53)

Shares underlying the following securities were excluded from the calculation of diluted net loss per common share because their effect was anti-dilutive for each of the periods presented: 

	September 30,
	2023	2022
Options	520,299	525,468
Unvested restricted stock awards	61,292	106,550
Unvested restricted stock units	301,647	207,233
Convertible preferred stock	62	62
Total	883,300	839,313

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Quarters Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net loss applicable to common stockholders	$	(1,768,737)	$	(1,606,254)	$	(4,879,940)	$	(3,724,739)
Weighted average number of common shares outstanding, basic and dilutive	8,520,025		7,011,438		8,034,711		6,962,732
Net loss per common share applicable to common stockholders, basic and diluted	$	(0.21)	$	(0.23)	$	(0.61)	$	(0.53)