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LOSS PER COMMON SHARE (Tables)
3 Months Ended
Dec. 31, 2022
LOSS PER COMMON SHARE  
Schedule of reconciliation of the numerators and denominators of the basic and diluted per-share computations

 

 

Three months ended December 31,

 

 

 

2022

 

 

2021

 

Loss per share – basic

 

 

 

 

 

 

Net loss available to common shareholders - basic

 

$(8,025,061)

 

$(8,782,606)

Weighted average shares outstanding - basic

 

 

43,440,387

 

 

 

43,077,961

 

Basic loss per common share

 

$(0.18)

 

$(0.20)

 

 

 

 

 

 

 

 

 

Loss per share – diluted

 

 

 

 

 

 

 

 

Net loss available to common shareholders - basic

 

$(8,025,061)

 

$(8,782,606)

Gain on derivatives (1)

 

 

-

 

 

 

(25,114)

Net loss available to common shareholders - diluted

 

$(8,025,061)

 

$(8,807,720)

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding - basic

 

 

43,440,387

 

 

 

43,077,961

 

Incremental shares underlying dilutive - warrants and options (1)

 

 

-

 

 

 

5,459

 

Weighted average shares outstanding – diluted

 

 

43,440,387

 

 

 

43,083,420

 

Diluted loss earnings per common share

 

$(0.18)

 

$(0.20)
Schedule of anti-dilutive securities

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Options and Warrants

 

 

13,917,352

 

 

 

10,477,966

 

Unvested Restricted Stock

 

 

149,250

 

 

 

151,250

 

Total

 

 

14,066,602

 

 

 

10,629,216