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NET LOSS PER SHARE | 6 Months Ended
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Jun. 30, 2023
Earnings Per Share [Abstract] |
NET LOSS PER SHARE | NOTE 9 – NET LOSS PER SHARE Net income per common share is calculated in accordance with ASC Topic 260 – Earnings Per Share. Basic income per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. For the three and six months ended June 30, 2023 and 2022, respectively, the Company incurred a loss position and as such, the computation of diluted net loss per share does not include dilutive common stock equivalents in the weighted average shares outstanding, as they would be anti-dilutive. Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share are as follows: SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Warrants to purchase common stock |  |  | 324,375 |  |  |  | 324,375 |  |  |  | 324,375 |  |  |  | 324,375 |
Restricted stock units |  |  | 2,668,247 |  |  |  | 1,098,100 |  |  |  | 1,449,591 |  |  |  | 1,063,410 |
Convertible notes to exchange common stock |  |  | 9,812,955 |  |  |  | 9,812,955 |  |  |  | 9,812,955 |  |  |  | 9,812,955 |
Series A Preferred Stock |  |  | 249,750 |  |  |  | — |  |  |  | 125,565 |  |  |  | — |
Total dilutive shares |  |  | 13,055,327 |  |  |  | 11,235,430 |  |  |  | 11,712,486 |  |  |  | 11,200,740 |
The following table sets forth the computation of basic and diluted loss per share: SCHEDULE OF COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
|  |  |  |  | (As Restated) |  |  |  |  |  | (As Restated) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net loss |  | $ | (19,133 | ) |  | $ | (212,626 | ) |  | $ | (26,368 | ) |  | $ | (229,735 | )
Add: Series A Preferred Stock accretion to redemption value |  | $ | (2,121 | ) |  | $ | — |  |  | $ | (2,121 | ) |  | $ | — |
Net loss attributable to common stockholders |  | $ | (21,254 | ) |  | $ | (212,626 | ) |  | $ | (28,489 | ) |  | $ | (229,735 | )
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common stock outstanding - basic and diluted |  |  | 168,474,882 |  |  |  | 109,437,293 |  |  |  | 163,856,352 |  |  |  | 106,101,762 |
Net loss attributable to common stockholders per common stock - basic and diluted |  | $ | (0.13 | ) |  | $ | (1.94 | ) |  | $ | (0.17 | ) |  | $ | (2.17 | )

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