XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.3
Note 10 - Net Loss Per Share
9 Months Ended
Sep. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

(10) NET LOSS PER SHARE:

 

The following table sets forth the computation of basic and diluted earnings per common share.

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
   

2023

   

2022

   

2023

   

2022

 
                                 

Numerator

                               

Net loss

  $ (4,771,353 )   $ (4,246,880 )   $ (14,414,893 )   $ (10,470,461 )

Denominator

                               

Weighted-average common shares outstanding, basic and diluted

    16,191,723       8,447,630       14,394,920       8,428,074  

Net loss per share, basic and diluted

    (0.29 )   $ (.50 )     (1.00 )   $ (1.24 )

 

 

(10) NET LOSS PER SHARE: (CONTINUED)

The Company reported a net loss for the three and nine months ended September 30, 2023 and 2022, therefore, the basic and diluted net loss per share are the same in the respective periods because of the inclusion of potential common shares would have an anti-dilutive effect. Potential shares of common stock that are excluded from the computation of diluted weighted-average shares outstanding are as follows:

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
   

2023

   

2022

   

2023

   

2022

 
                                 

Stock options

    790,945       425,646       790,945       425,646  

Warrants

    13,733,117       2,045,846       13,733,117       2,045,846