Quarterly report pursuant to Section 13 or 15(d)

NET GAIN OR LOSS PER SHARE

v3.23.1
NET GAIN OR LOSS PER SHARE
3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
NET GAIN OR LOSS PER SHARE

NOTE 14 – NET GAIN OR LOSS PER SHARE

 

Basic net gain or loss per share is computed by dividing net gain or loss attributable to common shareholders by the weighted average number of common shares outstanding. Diluted net gain or loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding plus the number of common shares that would be issued assuming exercise or conversion of all potentially dilutive common shares. Potentially dilutive securities are excluded from the calculation when their effect would be anti-dilutive. For three months ended March 31, 2023, all potentially dilutive securities have been excluded from the diluted share calculations because they were anti-dilutive as a result of the net losses incurred for the respective period, or were dilutive, but the exercise prices were above the stock price for the entire period, deeming them not to be converted, or exercised during the period. Accordingly, basic shares equal diluted shares for all periods presented.

 

 

Potentially dilutive securities were comprised of the following (unaudited):

                 
    Three Months Ended March 31,  
    2023     2022  
Warrants     -       200,000  
Options     1,000,000       1,590,000  
Convertible notes payable, including accrued interest     3,342,000       3,120,500  
Potentially dilutive securities     4,342,000       4,910,500