Earnings (Loss) per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings (loss) Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings (loss) per share of common stock for the three months ended March 31, 2023 and 2022:

	Three Months Ended March 31,
	2023			2022
Basic loss per share attributable to common stock:
Numerator
Net loss	$	(3,870,230	)	$	(3,487,781	)
Denominator
Weighted avg. common shares outstanding		88,510,791			88,309,628
Basic loss per share attributable to common stock	$	(0.04	)	$	(0.04	)
Diluted loss per share attributable to common stock:
Numerator
Net loss	$	(3,870,230	)	$	(3,487,781	)
Effect of dilutive securities on net loss:
Common stock warrants		98,134			-
Total net loss for purpose of calculating diluted net loss per common share	$	(3,968,364	)	$	(3,487,781	)
Denominator
Weighted avg. common shares outstanding		88,510,791			88,309,628
Weighted average effect of dilutive securities:
Common stock warrants		-			-
Total shares for purpose of calculating diluted net loss per common share		88,510,791			88,309,628
Diluted loss per share attributable to common stock	$	(0.04	)	$	(0.04	)

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The computation of diluted loss per share for the three months ended March 31, 2023 and 2022 does not include the following stock options and warrants to purchase shares of common stock in the computation of diluted loss per share because these instruments were antidilutive:

	March 31,
	2023		2022
Stock options		4,466,431		4,229,739
Warrants		840,336		1,934,366