Earnings (Loss) Per Common Share

12 Months Ended

Dec. 31, 2021

Basic and fully diluted income (loss) per common share:

Earnings (Loss) Per Common Share

Note 8 - Earnings (Loss) Per Common Share

The Company calculates net income (loss) per common share in accordance with ASC 260 “Earnings Per Share” (“ASC 260”). Basic and diluted net earnings (loss) per common share was determined by dividing net earnings (loss) applicable to common stockholders by the weighted average number of common shares outstanding during the period. The Company’s potentially dilutive shares, which include outstanding common stock options, common stock warrants, and convertible debt have not been included in the computation of diluted net loss per share for the years ended December 31, 2021 and 2020 as the result would be anti-dilutive.

	Years Ended
	December 31,
	2021		2020
Stock options		2,876,010		1,174,814
Stock warrants		12,383,550		557,873
Total shares excluded from calculation		15,259,560		1,732,687