EARNINGS (LOSS) PER SHARE

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

EARNINGS (LOSS) PER SHARE

(10) EARNINGS (LOSS) PER SHARE

Net loss per share for the three months ended March 31, 2022 and 2021, respectively, are as follows:

	Three Months ended March 31,
	2022			2021
Numerator:
Net loss	$	(2,538,500	)	$	(545,520	)
Denominator:
Weighted average common shares – basic		46,003,232			35,254,243
Effect of dilutive common share equivalents		—			—
Weighted average common shares – dilutive		46,003,232			35,254,243
Basic and diluted net loss per share	$	(0.06	)	$	(0.02	)

Diluted loss per common share for the three months ended March 31, 2022 and 2021 excludes the effects of 249,524 and 1,679,375 common share equivalents, respectively, since such inclusion would be anti-dilutive. The common share equivalents consist of shares of common stock issuable upon exercise of outstanding stock options.