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NET INCOME (LOSS) PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2023
NET INCOME (LOSS) PER COMMON SHARE  
Schedule of Earnings Per Share, Basic and Diluted

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$2,534,681

 

 

$1,494,315

 

 

$1,177,418

 

 

$3,187,289

 

(Gain) loss on change in fair value of derivatives

 

 

55,567

 

 

 

(1,721,502)

 

 

1,192,547

 

 

 

(3,591,966)

Interest on convertible debt

 

 

17,245

 

 

 

17,245

 

 

 

15,638

 

 

 

43,634

 

Net income (loss) - diluted

 

$2,607,493

 

 

$(209,942)

 

$2,385,603

 

 

$(361,043)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

753,377,447

 

 

 

346,056,944

 

 

 

699,023,612

 

 

 

300,611,406

 

Effect of dilutive shares

 

 

1,066,176,661

 

 

 

801,291,914

 

 

 

1,066,568,791

 

 

 

1,483,367,858

 

Diluted

 

 

1,819,554,108

 

 

 

1,147,348,858

 

 

 

1,765,592,403

 

 

 

1,783,979,264

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$0.00

 

 

$0.00

 

 

$0.00

 

 

$0.01

 

Diluted

 

$0.00

 

 

$(0.00)

 

$0.00

 

 

$(0.00)