XML 23 R13.htm IDEA: XBRL DOCUMENT v3.23.2
BASIC AND FULLY DILUTED NET LOSS PER COMMON SHARE
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
BASIC AND FULLY DILUTED NET LOSS PER COMMON SHARE

7.     BASIC AND FULLY DILUTED NET LOSS PER COMMON SHARE

 

The following table sets forth the computation of basic and fully diluted net loss per common share for the three and six months ended June 30, 2023 and 2022:

                
   Three Months Ended June 30,   Six Months Ended June 30, 
   2023   2022   2023   2022 
Numerator:                    
Net loss  $(104,156)  $(228,034)  $(264,286)  $(537,429)
Denominator:                    
Weighted average common shares:                    
Denominator for basic calculation   52,259,002    51,993,031    52,330,829    51,906,335 
Weighted average effects of potentially diluted common stock:                    
Stock options (calculated using the treasury method)   –    –    –    – 
Unvested restricted stock grants   –    –    –    – 
Denominator for fully diluted calculation   52,259,002    51,993,031    52,330,829    51,906,335 
Net loss per common share:                    
Basic  $(0.00)  $(0.00)  $(0.01)  $(0.01)
Fully diluted  $(0.00)  $(0.00)  $(0.01)  $(0.01)
                     
Anti-dilutive shares:                    
Stock options   1,815,000    1,884,400    1,815,000    1,884,400 
Unvested restricted stock options   3,652,000    1,064,000    3,652,000    1,064,000 

 

The potential common share equivalents are not added to the denominator for three and six months ended June 30, 2023 and 2022 because the inclusion was anti-dilutive, and therefore, all such shares were excluded from the computation of diluted weighted average shares outstanding for both periods.