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EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

SCHEDULE OF CALCULATIONS OF BASIC AND DILUTED EPS

The following calculates basic and diluted EPS:

 SCHEDULE OF CALCULATIONS OF BASIC AND DILUTED EPS

		Three Months Ended
		March 31, 2022				March 31, 2021
Net income (loss)		$	9,340,000			$	(613,926	)
Deemed dividend			(6,930,335	)			-
Net income (loss), numerator, basic computation			2,409,665				(613,926	)
Recognition and change in fair value of warrant liabilities			(13,992,664	)			-
Net income (loss), numerator, diluted computation		$	(11,582,999	)		$	(613,926	)
Weighted average shares - denominator basic computation			980,569				502,825
Effect of Series B warrant liabilities			214,911				-
Weighted average shares, as adjusted - denominator diluted computation			1,195,480				502,825
Earnings (loss) per common share - basic		$	2.46			$	(1.22	)
Earnings (loss) per common share - diluted		$	(9.69	)		$	(1.22	)

SCHEDULE OF ANTI-DILUTIVE SECURITIES IN WEIGHTED AVERAGE SHARES

Additionally, the following are considered anti-dilutive securities excluded from weighted-average shares used to calculate diluted net loss per common share:

 SCHEDULE OF ANTI-DILUTIVE SECURITIES IN WEIGHTED AVERAGE SHARES

		For the Three Months Ended
		March 31, 2022				March 31, 2021
Shares subject to outstanding common stock options			10,928				10,928
Shares subject to outstanding Series A warrants			113,000				138,000
Shares subject to unvested stock awards			661				1,200
Shares subject to conversion of Series B preferred stock			147,939				-
Weighted-average anti-dilutive securities			147,939				-

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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