Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Summary of Significant Accounting Policies  
Schedule of earnings per share, basic and diluted

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$ (2,424,586 )

 

$ (1,712,920 )

 

$ (7,941,311 )

 

$ (5,349,621 )

Deemed dividend upon redemption of 5,221,156 shares of Series 1c convertible preferred stock

 

$ -

 

 

$ 269,038

 

 

$ -

 

 

$ 269,038

 

Deemed dividend upon amendment of the terms to the

Series 1d convertible preferred stock

 

$ -

 

 

$ 2,293,199

 

 

$ -

 

 

$ 2,293,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$ (2,424,586 )

 

$ (4,275,157 )

 

$ (7,941,311 )

 

$ (7,911,858 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per common unit/share

 

$ (0.20 )

 

$ (0.86 )

 

$ (0.75 )

 

$ (2.69 )

Weighted-average basic and diluted common units/shares

 

 

12,276,394

 

 

 

4,980,306

 

 

 

10,622,277

 

 

 

2,945,351

 

Schedule of potentially diluted basic earnings

 

 

As of September 30,

 

 

 

2022

 

 

2021

 

Common stock options

 

 

1,056,326

 

 

 

523,199

 

Common stock warrants

 

 

6,993,813

 

 

 

3,091,657

 

Total potentially dilutive securities

 

 

8,050,139

 

 

 

3,614,856