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NET LOSS PER SHARE
3 Months Ended
Mar. 31, 2024
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, 2024 and 2023, respectively:

    

For the Three Months Ended

March 31, 

    

2024

    

2023

Numerator:

Loss from continuing operations

$

(2,392,822)

$

(4,224,825)

Loss from discontinued operations

$

$

(742,751)

Net loss

$

(2,392,822)

$

(4,967,576)

Denominator:

 

 

Weighted average common shares outstanding, basic

 

8,901,962

 

8,721,031

Weighted average common shares outstanding, diluted

 

8,901,962

 

8,721,031

Net earnings (loss) per share:

 

 

Loss from continuing operations, basic and diluted

$

(0.27)

$

(0.48)

Loss from discontinued operations, basic and diluted

$

$

(0.09)

Net loss per share, basic and diluted

$

(0.27)

$

(0.57)

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, 

    

2024

    

2023

Common stock options

639,000

 

1,297,000

Common stock purchase warrants

 

1,848,000

Potentially dilutive securities

639,000

 

3,145,000