Note 6 - Loss Per Share

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 6 - LOSS PER SHARE

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

	Year Ended December 31,
	2022			2021
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(25,737,634	)	$	(19,657,174	)
Denominator:
Weighted average common shares outstanding-basic		72,997,987			54,876,044
Effect of diluted stock options, warrants and preferred stock (1)		-			-
Weighted average common shares outstanding-diluted		72,997,987			54,876,044
Loss per common share-basic and diluted	$	(0.35	)	$	(0.36	)

(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:

	Year Ended December 31,
	2022		2021
Options		981,060		1,062,871
RSUs		83,334		366,667
Warrants		36,328,731		31,699,885
Preferred stock: Series B		79,246		79,246