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SCHEDULE OF COMPUTATION OF BASIC AND DILUTED EARNINGS (LOSS) PER SHARE (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Earnings (loss) per share – basic Numerator:        
Allocation of net income (loss) attributable to HeartCore Enterprises, Inc.’s common shareholders used in calculating earnings (loss) per common share — basic $ (1,970,934) $ 186,173 $ (5,253,026) $ 403,714
Net income (loss) attributable to common shareholders $ (1,970,934) $ 186,173 $ (5,253,026) $ 403,714
Weighted average number of common shares outstanding used in calculating basic earnings (loss) per share 17,835,027 15,242,454 18,014,483 15,242,454
Denominator used for earnings (loss) per share 17,835,027 15,242,454 18,014,483 15,242,454
Earnings (loss) per share — basic $ (0.11) $ 0.01 $ (0.29) $ 0.03
Earnings (loss) per share – diluted Numerator:        
Allocation of net income (loss) attributable to HeartCore Enterprises, Inc.’s common shareholders used in calculating earnings (loss) per common share — diluted $ (1,970,934) $ 186,173 $ (5,253,026) $ 403,714
Net income (loss) attributable to common shareholders $ (1,970,934) $ 186,173 $ (5,253,026) $ 403,714
Weighted average number of common shares outstanding used in calculating diluted earnings (loss) per share 17,835,027 15,242,454 18,014,483 15,242,454
Conversion of share repurchase liability to common shares [1] 273,489 273,489
Denominator used for earnings (loss) per share 17,835,027 15,515,943 18,014,483 15,515,943
Earnings (loss) per share — diluted $ (0.11) $ 0.01 $ (0.29) $ 0.03
[1] The share repurchase liability is related to the early exercised stock options that are issued and unvested as of September 30, 2021, see NOTE 11. Each option is convertible into one share of common stock of HeartCore Japan, which is an equivalent of approximately 1,494 shares of common shares of the Company. The liability was settled by issuance of common shares on February 14, 2022.