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Earnings (Loss) Per Share
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE

NOTE 18—EARNINGS (LOSS) PER SHARE

 

The computation of weighted average shares outstanding and the basic and diluted loss per common share attributable to common shareholders for the years ended December 31, 2022 and 2021 consisted of the following:

 

   Year Ended
December 31,
2022
   Year Ended
December 31,
2021
 
Net loss per common share attributable to common shareholders   (20,071,529)  $(5,815,824)
Weighted average common shares outstanding   2,400,014    4,749,971 
Basic and diluted loss per share  $(8.36)  $(1.22)

 

For the year ended December 31, 2022, there were 6,466,803 potential common share equivalents from warrants, convertible debt, and series A and B convertible preferred shares excluded from the diluted earnings per share calculations as their effect is anti-dilutive.

 

For the year ended December 31, 2021, there were 4,397,235 potential common share equivalents from warrants, convertible debt, and series A convertible preferred shares excluded from the diluted earnings per share calculations as their effect is anti-dilutive.