EARNINGS (LOSS) PER SHARE

9 Months Ended

Sep. 30, 2023

Net loss per share:

EARNINGS (LOSS) PER SHARE

(11) EARNINGS (LOSS) PER SHARE

Net loss per share for the three months ended September 30, 2023 and 2022, respectively, are as follows:

	Three Months Ended						Nine Months Ended
	September 30, 2023			September 30, 2022			September 30, 2023			September 30, 2022
Numerator:
Net loss	$	(6,820,287	)	$	(4,062,580	)	$	(16,488,425	)	$	(11,027,640	)
Denominator:
Weighted average common shares - basic		1,890,933			1,861,090			1,886,465			1,851,916
Effect of dilutive common share equivalents		—			—			—			—
Weighted average common shares - dilutive		1,890,933			1,861,090			1,886,465			1,851,916
Basic and diluted	$	(3.61	)	$	(2.18	)	$	(8.74	)	$	(5.95	)

Diluted loss per common share for the three and nine months ended September 30, 2023 and 2022 excludes the effects of 2,080 and 1,257,581 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.