Loss Per Common Share (Notes)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

LOSS PER COMMON SHAREBasic earnings (loss) per common share is computed by dividing the net income or loss by the basic weighted-average number of shares of common stock outstanding during each period presented. Although restricted stock is issued upon the grant of an award, the Company excludes restricted stock from the computations of the weighted-average number of shares of common stock outstanding until the stock vests. Diluted loss per common share is computed by dividing the net loss by the sum of the total of the basic weighted-average number of shares of common stock outstanding plus the additional dilutive securities that could be exercised or converted into common shares during each period presented less the amount of shares that could be repurchased using the proceeds from the exercises.

	Three Months Ended				Nine Months Ended
	September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
Net loss	$	(906,232)	$	(1,400,792)	$	(3,552,365)	$	(3,452,134)
Weighted average shares outstanding - basic and diluted	62,273,425		61,883,017		62,162,508		59,875,142
Basic and diluted net loss per common share	$	(0.01)	$	(0.02)	$	(0.06)	$	(0.06)

The Company excluded the following weighted average items from the above computation of diluted loss per common share, as their effect would be anti-dilutive:

	Three Months Ended		Nine Months Ended
	September 30, 2022	September 30, 2021	September 30, 2022	September 30, 2021
Stock options	1,720,003	1,726,580	1,745,442	1,732,763
Restricted stock units	899,844	467,214	661,096	549,385
Restricted stock	44,912	20,351	60,504	26,798
Total excluded shares	2,664,759	2,214,145	2,467,042	2,308,946