Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings (Loss) Per Share [Abstract]

Schedule of Computation of Earnings (Loss) Per Basic and Diluted Share

Following is the computation of earnings (loss) per basic and diluted share:

	Three months ended						Nine months ended
	September 30,						September 30,
	2023			2022			2023			2022
Numerator:
Net earnings (loss)	$	(17,678,787	)	$	(13,176,497	)	$	(11,144,012	)	$	(20,037,455	)
Less: deemed dividend for Earnout Shares					(4,957,366	)					(4,957,366	)
Net earnings (loss) attributable to common stockholders	$	(17,678,787	)	$	(18,133,863	)	$	(11,144,012	)	$	(24,994,821	)
Denominator:
Weighted average shares used to compute basic EPS		41,155,115			16,535,661			40,453,015			11,983,183
Basic and diluted earnings (loss) per share	$	(0.43	)	$	(1.10	)	$	(0.28	)	$	(2.09	)
Anti-dilutive securities excluded from shares outstanding:
Stock options		3,084,601			3,934,165			3,084,601			3,934,165
Restricted and performance stock units		2,411,602			-			2,411,602			-
Warrants		19,109,090			18,722,425			19,109,090			18,722,425
Earnout shares		7,499,993			7,499,993			7,499,993			7,499,993
Convertible debt		4,855,758			2,922,425			4,855,758			2,922,425
Total		36,961,044			33,079,008			36,961,044			33,079,008