The
calculation of the weighted average number of shares outstanding and loss per share outstanding for the three and nine months ended September
30, 2022 and 2021 are as follows:
SCHEDULE OF WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING AND LOSS PER SHARE OUTSTANDING
| | |
2022 | | |
2021 | | |
2022 | | |
2021 | |
| | |
Three
Months Ended
September 30, | | |
Nine months Ended
September 30, | |
| | |
2022 | | |
2021 | | |
2022 | | |
2021 | |
| Numerator for basic and diluted income per share – Net income (loss) attributable to common stockholders | |
$ | (1,902,475 | ) | |
$ | 8,068,799 | | |
$ | (9,568,134 | ) | |
$ | 24,408,170 | |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator for basic loss per share – weighted average shares outstanding | |
| 50,365,218 | | |
| 51,809,435 | | |
| 49,973,619 | | |
| 49,404,794 | |
| Dilutive effect of shares issuable under stock options and warrants outstanding | |
| — | | |
| — | | |
| — | | |
| — | |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator for diluted loss per share – adjusted weighted average shares outstanding | |
| 50,365,218 | | |
| 51,809,435 | | |
| 49,973,619 | | |
| 49,404,794 | |
| | |
| | | |
| | | |
| | | |
| | |
| Net loss per share: | |
| | | |
| | | |
| | | |
| | |
| Basic | |
$ | (0.04 | ) | |
$ | 0.16 | | |
$ | (0.19 | ) | |
$ | 0.49 | |
| Diluted | |
$ | (0.04 | ) | |
$ | 0.16 | | |
$ | (0.19 | ) | |
$ | 0.49 | |
|