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Earnings (Loss) Per Share
 9 Months Ended
Sep. 30, 2023
Earnings (Loss) Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE
R.earnings (loss) per share:

 

The following table presents the computation of basic and diluted net loss per common share as of September 30,:

 

   2023   2022 
   Net
Income		       Shares   Net 
Income		       Shares 
Net Earnings (Loss)  $(848,259)        18,515,206   $(1,681,409)        19,702,136 
                               
Basic earnings (loss) per share       $(0.05)            $(0.09)     
                               
Effect of dilutive securities:                              
Warrants             
-
              
-
 
Stock Options             
-
              
-
 
   $(848,259)        18,515,206   $(1,681,409)        19,702,136 
                               
Diluted earnings (loss) per share       $(0.05)            $(0.09)     

 

For the nine months ended September 30, 2023 and 2022, as a result of the net loss for the year, all warrants and stock options have been excluded from the calculation of diluted earnings per share and, therefore, there was no difference in the weighted average number of common shares for basic and diluted loss per share as the effect of all potentially dilutive shares outstanding was anti-dilutive. Warrants to purchase 10,074,195 shares of common stock outstanding as of September 30, 2023 and 2022, and stock options to purchase 630,228 and 109,924 shares of common stock outstanding as of September 30, 2023 and 2022, respectively, were excluded from the computation of diluted earnings per share.