Annual report pursuant to Section 13 and 15(d)

NET LOSS PER SHARE (Tables)

v3.22.4
NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2022
Earnings Per Share [Abstract]  
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

Securities that could potentially dilute loss per share in the future that were not included in the computation of diluted loss per share at December 31, 2022 and 2021 are as follows:

    2022    

2021

(Restated)

 
    For the year ended December 31,  
    2022    

2021

(Restated)

 
Warrants to purchase common stock     324,375       326,779  
Restricted stock units     1,255,648       642,094  
Convertible notes to exchange common stock     9,812,955       9,812,955  
Total dilutive shares     11,392,978       10,781,828  
SCHEDULE OF COMPUTATION OF BASIC AND DILUTED LOSS PER SHARE

The following table sets forth the computation of basic and diluted loss per share:

 

    2022    

2021

(Restated)

    2020  
    For the year ended December 31,  
    2022    

2021

(Restated)

    2020  
Net loss attributable to common shareholders   $ (686,740 )   $ (37,096 )   $ (10,448 )
                         
Denominator:                        
Weighted average common shares - basic and diluted     113,467,837       99,337,587       81,408,340  
Loss per common share - basic and diluted   $ (6.05 )   $ (0.37 )   $ (0.13 )