Note 8 - Loss Per Share

3 Months Ended

Mar. 31, 2022

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 March 31,
	2022			2021
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(3,370,715	)	$	(3,888,713	)
Denominator:
Weighted average common shares outstanding-basic		65,835,080			36,513,300
Effect of diluted stock options, warrants, and preferred stock (1)		-			-
Weighted average common shares outstanding - diluted		65,835,080			36,513,300
Loss per common share-basic and diluted	$	(0.05	)	$	(0.11	)

(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:

	Three Months ended March 31,
	2022		2021
Options		1,030,579		1,006,419
Warrants		31,661,245		15,062,139
Preferred stock: series B		7,925		7,925