| Schedule of anti dilutive common shares |
The following table details
the net income (loss) per share calculation, reconciles between basic and diluted weighted average shares outstanding, and presents the
potentially dilutive shares that are excluded from the calculation of the weighted average diluted common shares outstanding, because
their inclusion would have been anti-dilutive:
| |
|
For the Three Months Ended
June
30, |
|
|
For the Six Months Ended
June
30, |
|
| |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
| Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
| Net (loss) income |
|
$ |
(3,680,169 |
) |
|
$ |
2,939,284 |
|
|
$ |
(8,442,247 |
) |
|
$ |
4,502,997 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares outstanding (denominator for basic earnings per share) |
|
|
5,231,293 |
|
|
|
1,705,629 |
|
|
|
4,493,319 |
|
|
|
1,704,320 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted average shares and assumed potential common shares (denominator for diluted earnings per share, treasury method) |
|
|
5,231,293 |
|
|
|
1,705,629 |
|
|
|
4,493,319 |
|
|
|
1,704,320 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic earnings per share |
|
$ |
(0.70 |
) |
|
$ |
1.72 |
|
|
$ |
(1.88 |
) |
|
$ |
2.64 |
|
| Diluted earnings per share |
|
$ |
(0.70 |
) |
|
$ |
1.72 |
|
|
$ |
(1.88 |
) |
|
$ |
2.64 |
|
| |
|
For the Three Months Ended
June 30, |
|
|
For the Six Months Ended
June 30, |
|
| |
|
2023 |
|
|
2022 |
|
|
2023 |
|
|
2022 |
|
| Options |
|
|
147,956 |
|
|
|
162,957 |
|
|
|
147,956 |
|
|
|
162,957 |
|
| Warrants |
|
|
5,006,408 |
|
|
|
557,696 |
|
|
|
5,006,408 |
|
|
|
557,696 |
|
| Total potentially anti-dilutive shares |
|
|
5,154,364 |
|
|
|
720,653 |
|
|
|
5,154,364 |
|
|
|
720,653 |
|
|