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EARNINGS (LOSS) PER SHARE (AMENDED)
9 Months Ended
Sep. 30, 2024
Net loss per share:  
EARNINGS (LOSS) PER SHARE (AMENDED)

(11) EARNINGS (LOSS) PER SHARE (AMENDED)

 

Net loss per share for the three and nine months ended September 30, 2024 and 2023, respectively, are as follows:

 

Schedule of net income (loss) per share                                
    Three Months Ended     Nine Months Ended  
    September 30,
2024
(Amended)
    September 30,
2023
    September 30,
2024
(Amended)
    September 30,
2023
 
Numerator:                                
Net loss   $ (625,067 )   $ (6,820,287 )   $ (4,371,934 )   $ (16,488,425 )
                                 
Denominator:                                
Weighted average common shares - basic     3,022,805       1,890,933       2,972,118       1,886,465  
Effect of dilutive common share equivalents     -       -       -       -  
Weighted average common shares - dilutive     3,022,805       1,890,933       2,972,118       1,886,465  
                                 
Basic and diluted   $ (0.21 )   $ (3.61 )   $ (1.47 )   $ (8.74 )

 

Diluted loss per common share for the three and nine months ended September 30, 2024 and 2023 excludes the effects of 5,230,769 and 2,080 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 preferred stock, warrants, restricted stock units, and stock options.