XML 34 R26.htm IDEA: XBRL DOCUMENT v3.25.0.1
NET LOSS PER SHARE
 12 Months Ended
Dec. 31, 2023
Net loss per share information:  
NET LOSS PER SHARE

NOTE 20. NET LOSS PER SHARE

 

The calculation of the weighted average number of shares outstanding and loss per share outstanding for the years ended December 31, 2023 and 2022 are as follows:

 

   2023   2022 
   Year ended December 31, 
   2023   2022 
Numerator for basic and diluted loss per share - Net loss attributable to common stockholders  $(25,688,547)  $(21,666,691)
           
Denominator for basic loss per share - weighted average shares outstanding   2,784,894    2,548,549 
Dilutive effect of shares issuable upon conversion of convertible debt and the exercise of stock options and warrants outstanding   -    - 
           
Denominator for diluted loss per share - adjusted weighted average shares outstanding   2,784,894    2,548,549 
           
Net loss per share:          
Basic  $(9.22)  $(8.50)
Diluted  $(9.22)  $(8.50)

 

Basic loss per share is based upon the weighted average number of shares of common stock outstanding during the period. For the years ended December 31, 2023 and 2022, all shares issuable upon conversion of convertible debt and the exercise of outstanding stock options and warrants were antidilutive, and, therefore, not included in the computation of diluted loss per share.