XML 32 R20.htm IDEA: XBRL DOCUMENT v3.23.1
Note 12 - Earnings Per Share
 12 Months Ended
Dec. 31, 2022
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 12 - EARNINGS PER SHARE

 

Basic and diluted net income (loss) per common share is determined by dividing net income (loss) by the weighted average common shares outstanding during the period. For the periods where there is a net loss, stock options, warrants, and Restricted Stock Units have been excluded from the calculation of diluted net loss per common share because their effect would be anti-dilutive. Consequently, the weighted average common shares used to calculate both basic and diluted net loss per common share would be the same.

 

For the year ended December 31, 2022, the Company had outstanding balances of 2,408,892 RSUs, 31,440,000 prefunded warrants, and 4,480,000 warrants, all exercisable for shares of Common Stock

 

For the year ended December 31, 2021, the Company had outstanding balances of 149,636 RSUs and 1,015,000 prefunded warrants outstanding to issue common stock.