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Earnings Per Share
 9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share

(13) Earnings Per Share

 

For the three months ended September 30, 2023 and 2022, basic and diluted net income per share are calculated as follows:

 

   Three Months Ended
September 30,		 
   2023   2022 
Basic loss per share        
Net loss for the period - numerator  $(1,975,368)  $(1,887,318)
Weighted average common stock outstanding - denominator   10,065,920    9,991,744 
           
Net loss per share  $(0.20)  $(0.19)
           
Diluted income per share          
Net income for the period- numerator  $(1,975,368)  $(1,887,318)
Weighted average common stock outstanding - denominator   10,065,920    9,991,744 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   10,065,920    9,991,744 
           
Diluted loss per share  $(0.20)  $(0.19)

 

   Nine Months Ended
September 30,		 
   2023   2022 
Basic loss per share        
Net loss for the period - numerator  $(5,962,026)  $(4,663,445)
Weighted average common stock outstanding - denominator   10,065,920    9,941,288 
           
Net loss per share  $(0.59)  $(0.47)
           
Diluted loss per share          
Net loss for the period - numerator  $(5,962,026)  $(4,663,445)
Weighted average common stock outstanding - denominator   10,065,920    9,941,288 
           
Effect of dilution   -    - 
Weighted average common stock outstanding - denominator   10,065,920    9,941,288 
           
Diluted loss per share  $(0.59)  $(0.47)

  

For the three and nine months ended September 30, 2023 and 2022 there were no securities with dilutive effect issued and outstanding.