NET LOSS PER SHARE

6 Months Ended

Jun. 30, 2023

Net loss per share:

NET LOSS PER SHARE

11.    NET LOSS PER SHARE

As the Company has net losses for the three months and six months ended June 30, 2022, all potential common shares were deemed to be anti-dilutive. The following table sets forth the computation of the basic and diluted net loss per share (in dollars, except share data):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2023			2022			2023			2022
Net loss attributable to common stockholders	$	(7,381,747	)	$	(943,987	)	$	(7,898,742	)	$	(1,973,954	)
Weighted average common shares outstanding:
Basic		3,096,783,981			1,867,681,876			3,096,783,981			1,867,681,876
Diluted		3,096,783,981			1,867,681,876			3,096,783,981			1,867,681,876
Net loss per share:
Basic#	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)
Diluted#	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)

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# Basic and diluted net loss per share was less than $0.01

The following table presents the computation of weighted average common shares outstanding is derived after having taken into account of common stock that is committed but yet to be issued as follows:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2023		2022		2023		2022
Weighted average common shares outstanding – Basic and Diluted		3,096,783,981		1,867,681,876		3,096,783,981		1,867,681,876
Common stock committed but yet to be issued (1)		138,468,716,631		140,794,298,026		138,468,716,631		140,794,298,026
Weighted average common shares outstanding under if-converted method for Basic and Diluted		141,565,500,612		142,661,979,902		141,565,500,612		142,661,979,902

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⁽¹⁾ The common stock committed but yet to be issued has been excluded from the computation of the diluted net loss per common stock for the three months and six months ended June 30, 2023 and 2022, because including them would have been anti-dilutive.