Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of reconciles between basic and diluted weighted average shares outstanding
    For the Three Months Ended
March 31,		  
    2022     2021  
Numerator:            
Net income (loss)   $ 1,563,713     $ (16,198,585 )
                 
Weighted average shares outstanding (denominator for basic earnings per share)     34,059,927       27,953,302  
                 
Effects of dilutive securities:                
Assumed exercise of stock options, treasury stock method     8,834      
-
  
Assumed exercise of warrants, treasury stock method    
-
      
-
  
Dilutive potential common shares     8,834      
-
  
                 
Weighted average shares and assumed potential common shares (denominator for diluted earnings per share, treasury method)     34,068,762       27,953,302  
                 
Basic earnings per share   $ 0.05     $ (0.58 )
Diluted earnings per share   $ 0.05     $ (0.58 )

 
Schedule of anti dilutive common shares
    For the Three Months Ended
March 31,		  
    2022     2021  
Options     2,691,000       1,630,000  
Warrants     11,153,908       8,628,908  
Convertible debt (a)    
-
       100,361  
Total potentially dilutive shares     13,844,908       10,359,269