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NET LOSS PER SHARE OF COMMON STOCK
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
NET LOSS PER SHARE OF COMMON STOCK

NOTE 11. NET LOSS PER SHARE OF COMMON STOCK

 

Basic and diluted net loss per share is computed by dividing net loss attributable to stockholders by the weighted average number shares of common stock outstanding during the period and shares issuable for vested restricted stock units. Potentially dilutive outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for loss periods presented because including them would have been antidilutive.

 

A reconciliation of the numerator and denominator used in the calculation of basic and diluted net loss per share attributable to stockholders follows: 

          
   Three Months Ended March 31, 
   2023   2022 
Numerator:          
Net (loss) allocable to common stockholders used to compute basic and diluted loss per common share  $(1,183,460)  $(1,223,403)
Denominator:          
Weighted average shares outstanding used to compute basic and dilutive loss per share   7,861,515    905,685 
Weighted average shares issuable for vested restricted stock units   77,030    – 
Total dilutive shares   7,938,545    905,685 

 

 

The following outstanding potentially dilutive securities were excluded from the weighted average calculation of dilutive loss per share attributable to common stockholders because their impact would have been antidilutive for the period presented: 

          
  

March 31,

2023

  

March 31,

2022

 
           
Series A and B convertible preferred stock   –    3,279,117 
Warrants   3,089,718    50,755 
Restricted stock units   649,215    – 
Stock options   2,738,820    2,255,670 
    6,477,753    5,585,542