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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Summary of Significant Accounting Policies  
Summary of basic and diluted earnings per share calculations

June 30, 2021

Three Months Ended

    

Six Months Ended

Numerator:

Net income (loss) - basic

$

(118)

 

$

(25,606)

Effect of liability - classified warrants under the treasury stock method

(17,359)

(17,359)

Net income (loss) - diluted

$

(17,477)

$

(42,965)

Net income (loss) attributable to common stockholders - basic

$

(255,940)

$

(281,429)

Effect of liability - classified warrants under the treasury stock method

(17,359)

(17,359)

Net income (loss) attributable to common stock - diluted

$

(273,299)

$

(298,788)

Denominator:

Weighted average shares - basic

41,727,480

38,709,614

Incremental effect of liability - classified warrants under the treasury stock method

766,906

430,647

Effect of other dilutive securities

Weighted average shares - diluted

42,494,386

39,140,261

Basic earnings (loss) per share

$

$

(0.66)

Diluted earnings (loss) per share

$

(0.41)

$

(1.10)

Basic earnings (loss) per share attributable to common stockholders

$

(6.13)

$

(7.27)

Diluted earnings (loss) per share attributable to common stockholders

$

(6.43)

$

(7.63)

Schedule of Outstanding Shares of Common Stock Equivalents Excluded From Diluted Net Loss Per Share

Three Months Ended June 30, 

Six Months Ended June 30, 

2022

    

2021

    

2022

    

2021

Stock options

2,706,115

 

2,919,493

 

2,706,115

 

2,919,493

Common stock warrants

17,521,753

 

6,220,562

 

17,521,753

 

6,220,562

Common stock issuable pursuant to UPOs

600,000

600,000

Common stock warrants pursuant to UPOs

300,000

300,000

Public Rights pursuant to UPOs

60,000

60,000

Earnout Shares

22,209,280

22,209,280

22,209,280

22,209,280

Earnout Shares from exercised Substitute Options and Substitute Warrants

1,229,925

1,229,925