Net Loss Per Share

12 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Net Loss Per Share

Note 13 – Net Loss Per Share

Basic loss per share is computed using the weighted average number of common shares outstanding at December 31, 2021 and 2020, respectively. Diluted loss per share reflects the potential dilutive effects of common stock equivalents such as options, warrants and convertible securities.

The following table sets forth the computation of net loss per common share – basic and diluted:

	Years Ended December 31,
	2021			2020
Numerator:
Net loss	$	(260,859	)	$	(953,858	)
Denominator
Basic weighted average common shares outstanding		28,037,713			28,037,713
Effect of dilutive securities		-			-
Diluted weighted average common shares outstanding		28,037,713			28,037,713
Net loss per common share
Basic and diluted	$	(0.01	)	$	(0.03	)

For the years ended December 31, 2021 and 2020, potentially dilutive shares of 2,859,807 and 2,918,033, respectively, were excluded from the calculation of dilutive shares because the effect of including them would have been anti-dilutive.