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NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2022
NET LOSS PER SHARE  
NET LOSS PER SHARE

NOTE 5: NET LOSS PER SHARE

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the reporting period. Diluted loss per common share is computed similarly to basic loss per common share except that it reflects the potential dilution that could occur if dilutive securities or other obligations to issue common stock were exercised or converted into common stock.

The following table sets forth the computation of net loss per share for the three months ended March 31, 2022 and 2021, respectively:

    

For the Three Months Ended

March 31, 

    

2022

    

2021

Numerator:

Net loss

$

(9,910,508)

$

(8,779,450)

Denominator:

 

 

Weighted average common shares outstanding

 

83,107,649

 

56,470,247

Net loss per share:

 

 

Basic and diluted

$

(0.12)

$

(0.16)

The following securities, rounded to the nearest thousand, were not included in the diluted net loss per share calculation because their effect was anti-dilutive for the periods presented:

For the Three Months Ended

March 31, 

    

2022

    

2021

Common stock options

 

9,389,000

 

7,490,000

Common stock purchase warrants

 

19,830,000

 

20,830,000

Potentially dilutive securities

 

29,219,000

 

28,320,000