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Earnings Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

(14) Earnings Per Share

 

For the three months ended September 30, 2022 and 2021, basic and diluted net income per share are calculated as follows:

 

   Three Months Ended
September 30,
 
   2022   2021 
Basic (loss) income per share        
Net (loss) income for the period - numerator  $(1,887,318)  $1,542,576 
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Net (loss) income per share  $(0.026)  $0.03 
           
Diluted income per share          
Net income for the period- numerator  $(1,887,318)  $1,542,576 
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Diluted (loss) income per share  $(0.03)  $0.03 

 

For the nine months ended September 30, 2022 and 2021, basic and diluted net income per share are calculated as follows:

 

   Nine Months Ended
September 30,
 
   2022   2021 
Basic loss per share        
Net loss for the period - numerator  $(4,663,445)  $(3,249,528)
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Net loss per share  $(0.07)  $(0.06)
           
Diluted loss per share          
Net loss for the period - numerator  $(4,663,445)  $(3,249,528)
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Effect of dilution   
-
    
-
 
Weighted average common stock outstanding - denominator   71,449,208    54,196,300 
           
Diluted loss per share  $(0.07)  $(0.06)

 

For the three and nine months ended September 30, 2022 and 2021 there were no securities with dilutive effect issued and outstanding.