Note 7 - Loss Per Share

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2022			2021			2022			2021
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(4,059,484	)	$	(5,438,017	)	$	(17,821,524	)	$	(11,900,662	)
Denominator:
Weighted average common shares outstanding-basic (1)		78,383,878			65,406,312			71,084,454			51,272,960
Effect of diluted stock options, warrants, and preferred stock (2)		-			-			-			-
Weighted average common shares outstanding - diluted		78,383,878			65,406,312			71,084,454			51,272,960
Loss per common share-basic	$	(0.05	)	$	(0.08	)	$	(0.25	)	$	(0.23	)
Loss per common share- diluted	$	(0.05	)	$	(0.08	)	$	(0.25	)	$	(0.23	)

(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:

	Nine Months ended September 30,
	2022		2021
Options		1,021,624		1,012,760
RSU		483,333		516,666
Warrants		36,389,422		31,725,118
Preferred stock: series B		79,246		79,246