Note 11 - Loss Per Share

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE 11 – 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,
	2024			2023			2024			2023
Numerator:
Net (loss) attributable to common stockholders: basic and diluted calculation	$	(3,181,261	)	$	(3,923,368	)	$	(7,400,104	)	$	(7,345,170	)
Denominator:
Weighted average common shares outstanding - basic		4,664,771			3,996,512			4,363,812			3,982,384
Effect of diluted stock options, warrants, and preferred stock (1)		-			-			-			-
Weighted average common shares outstanding - diluted		4,664,771			3,996,512			4,363,812			3,982,384
(Loss) per common share - basic and diluted	$	(0.68	)	$	(0.98	)	$	(1.70	)	$	(1.84	)

(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 and Six Months Ended June 30,
	2024		2023
Options		46,412		48,037
RSUs		-		2,500
Warrants		1,729,304		1,812,379
Preferred stock: Series B		16		16