Note 7 - Loss Per Share

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 7 - LOSS PER SHARE

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(10,391,324	)	$	(2,573,932	)	$	(13,762,039	)	$	(6,462,645	)
Denominator:
Weighted average common shares outstanding-basic (1)		68,896,506			51,581,762			67,374,250			44,089,157
Effect of diluted stock options, warrants, and preferred stock (2)		-			-			-			-
Weighted average common shares outstanding - diluted		68,896,506			51,581,762			67,374,250			44,089,157
Loss per common share-basic	$	(0.15	)	$	(0.05	)	$	(0.20	)	$	(0.15	)
Loss per common share- diluted	$	(0.15	)	$	(0.05	)	$	(0.20	)	$	(0.15	)

(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,
	2022		2021
Options		1,035,245		1,013,780
Restricted Stock Units		366,666		325,000
Warrants		36,398,526		31,747,118
Preferred stock: series B		79,246		79,246