Note 8 - Loss Per Share

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 8 - LOSS PER SHARE

The following table presents the shares used in the basic and diluted loss per common share computations:

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2021			2020			2021			2020
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(2,573,932	)	$	(3,577,378	)	$	(6,462,645	)	$	(8,106,695	)
Denominator:
Weighted average common shares outstanding-basic (1)		51,581,762			9,838,152			44,089,157			7,362,240
Effect of diluted stock options, warrants, and preferred stock (2)		-			-			-			-
Weighted average common shares outstanding - diluted		51,581,762			9,838,152			44,089,157			7,362,240
Loss per common share-basic	$	(0.05	)	$	(0.36	)	$	(0.15	)	$	(1.10	)
Loss per common share- diluted	$	(0.05	)	$	(0.36	)	$	(0.15	)	$	(1.10	)

(1) The following is a summary of the number of underlying shares outstanding at the end of the respective periods that have been excluded from the diluted calculations because the effect on loss per common share would have been anti-dilutive:

	Six Months ended June 30,
	2021		2020
RSU		325,000		-
Options		1,013,780		818,117
Warrants		31,747,118		7,257,883
Convertible debt		-		574,367
Preferred stock: series B		79,246		79,246
Preferred stock: series D		-		-
Preferred stock: series E		-		-