Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.4
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Summary of Significant Accounting Policies  
Schedule of earnings per share, basic and diluted

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Net loss

 

 $ (9,610,913 )

 

 $ (7,902,477 )

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

 

 $ -

 

 

 $ 269,038

 

Deemed dividend upon amendment of the terms to the Series 1d convertible preferred stock

 

 $ -

 

 

 $ 2,293,199

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

 $ (9,610,913 )

 

 $ (10,464,714 )

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per common unit/share

 

 $ (0.87 )

 

 $ (2.43 )

Weighted-average basic and diluted common units/shares

 

 

 11,050,662

 

 

 

 4,302,232

 
Schedule of potentially diluted basic earnings

 

 

As of December 31,

 

 

 

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