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(LOSS) EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
SCHEDULE OF EARNINGS PER SHARE, BASIC AND DILUTED

The following table presents a reconciliation of basic and diluted earnings per share:

 

   For the years ended December, 31 
   2021   2020   2019 
Numerator:               
Net (loss)  $(2,145,530)  $(9,075,353)  $(61,995,758)
Denominator:                 
Weighted average number of common stock outstanding-basic and diluted   6,572,226    6,406,146    4,422,837*
(Loss) per share – basic and diluted  $(0.33)  $(1.42)  $(14.02)*

 

*- The computation of basic and diluted share and EPS data was adjusted retroactively for all period presented to reflect the 5 to 1 reverse stock split change which was effective on October 29, 2020.