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Net Loss Per Common Share
12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
Net Loss Per Common Share

14. Net Loss Per Common Share

 

Basic earnings per share is computed by dividing net income (loss) available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per share reflects the potential dilution that could occur if stock options, warrants, and convertible securities to issue common stock were exercised or converted into common stock, if not anti-dilutive. The following is a reconciliation of the numerator and denominator used in the basic and diluted computation of net income per share:

 

         
   For the Year Ended 
Numerator  December 31, 2021   December 31, 2020 
Net Income (Loss) - Controlling Interest  $(2,839,645)  $2,342,299 
Amortization of Debt Discounts   -    1,980,295 
Interest Expense   -    1,015,328 
Loss on Conversion   -    531,194 
Change in Derivative Liabilities   -    (6,396,866)
Adjusted Net Loss - Controlling Interest  $(2,839,645)  $(527,750)

 

Denominator  Shares   Shares 
Basic Weighted Average Number of Shares Outstanding during Period   129,346,480    68,440,532 
Dilutive Shares   -    470,427,550 
Diluted Weighted Average Number of Shares Outstanding during Period   129,346,480    538,868,082 
           
Diluted Net Loss per Share  $(0.02)  $(0.00)