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Net Income (Loss) per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) per Share Attributable to Common Stockholders

The computation of basic and diluted net income (loss) per share attributable to common stockholders is as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

(Unaudited)

 

 

(Unaudited)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) applicable to common stockholders

$

1,150,231

 

 

$

699,306

 

 

$

(1,034,078

)

 

$

1,846,046

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

     Weighted average common shares outstanding, basic

 

19,278,730

 

 

 

18,823,273

 

 

 

19,261,775

 

 

 

18,665,010

 

     Effect of dilutive common shares

 

2,070,091

 

 

 

1,677,351

 

 

 

 

 

 

1,379,650

 

     Weighted average common shares outstanding, diluted

 

21,348,821

 

 

 

20,500,624

 

 

 

19,261,775

 

 

 

20,044,660

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.06

 

 

$

0.04

 

 

$

(0.05

)

 

$

0.10

 

Diluted

$

0.05

 

 

$

0.03

 

 

$

(0.05

)

 

$

0.09

 

Anti-dilutive securities excluded from diluted net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

638,157

 

 

 

436,018

 

 

 

375,657

 

 

 

484,081

 

Warrants

 

 

 

 

 

 

 

 

 

 

 

Total anti-dilutive securities excluded from net income (loss) per share

 

638,157

 

 

 

436,018

 

 

 

375,657

 

 

 

484,081