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Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table shows the computation of basic and diluted earnings per share for the three and six months ended June 30, 2022 and June 30, 2021:

 

 

 

Six Months Ended
June 31, 2022

 

 

Six Months Ended
June 31, 2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(11,545,158

)

 

$

(10,072,468

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding - Basic

 

 

51,373,939

 

 

 

41,366,327

 

Dilutive effect of stock options and warrants

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - Diluted

 

 

51,373,939

 

 

 

41,366,327

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(0.22

)

 

$

(0.24

)

Diluted loss per share

 

$

(0.22

)

 

$

(0.24

)

 

 

 

 

Three Months Ended
June 31, 2022

 

 

Three Months Ended
June 31, 2021

 

Numerator:

 

 

 

 

 

 

Net loss

 

$

(6,765,657

)

 

$

(4,097,544

)

Denominator:

 

 

 

 

 

 

Weighted average common shares outstanding - Basic

 

 

51,505,095

 

 

 

45,304,419

 

Dilutive effect of stock options and warrants

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding - Diluted

 

 

51,505,095

 

 

 

45,304,419

 

 

 

 

 

 

 

 

Basic loss per share

 

$

(0.13

)

 

$

(0.09

)

Diluted loss per share

 

$

(0.13

)

 

$

(0.09

)