SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Calculation of Basic and Diluted Earnings Per Share

For the three months ended September 30, 2023, basic and diluted earnings per share is calculated as follows:

Net income available to common stockholders (numerator)	$	2,565,055
Weighted-average number of common shares (denominator)		225,276,980
Basic earnings per common shares	$	0.01
Weighted-average number of common shares		225,276,980
Potential shares of common stock arising from outstanding stock options, warrants and unvested RSUs		8,484,282
Total shares - diluted (denominator)		233,761,262
Diluted earnings per common share	$	0.01

Calculation of Diluted Loss Per Common Share

For the nine months ended September 30, 2023 and 2022, the following securities were excluded from the calculation of diluted loss per common share because of their anti-dilutive effects:

	For the Nine Months Ended September 30,
	2023		2022
Stock options		5,841,241		8,334,313
Restricted Stock Units		4,877,482		4,129,487
Warrants		12,502,906		13,556,898
		23,221,629		26,020,698