Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) per Common Share (Tables)

v3.23.1
Earnings (Loss) per Common Share (Tables)
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Common Shares Used to Calculate Basic and Diluted Earnings Per Common Share
The following table reconciles the earnings (loss) and number of common shares used to calculate basic and diluted earnings per common share attributable to the Company’s shareholders:

Three Months Ended March 31,
2023 2022
Basic earnings per common share:
Net income (loss) - basic $ (23,435) $ (10,756)
Weighted shares outstanding - basic 4,794,178  3,756,402 
Basic earnings (loss) per common share $ (4.89) $ (2.86)
Diluted earnings per common share:
Net income (loss) - basic $ (23,435) $ (10,756)
Net income (loss) - diluted $ (23,435) $ (10,756)
Weighted shares outstanding - basic 4,794,178  3,756,402 
Weighted shares outstanding - diluted 4,794,178  3,756,402 
Diluted earnings (loss) per common share $ (4.89) $ (2.86)
Schedule of Securities Excluded
Outstanding as of March 31,
2023 2022
Convertible notes payable 260,273 382,012
Outstanding warrants 1,218,286 1,218,286
Stock options 131,141 157,285
Restricted stock units 220,865 51,414
Total anti-dilutive stock 1,830,565 1,808,997