| Earnings (Loss) Per Share |
14. Earnings (Loss) Per Share
Following is the computation of earnings (loss) per basic and diluted share:
|
|
|
Year Ended
December 31,
|
| |
|
2022
|
|
2021
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
Net loss
|
|
$
|
(28,260,571 |
)
|
|
$
|
(15,127,629 |
)
|
|
Less: deemed dividend for Earnout Shares
|
|
|
(4,957,366 |
)
|
|
|
|
|
|
Net loss attributable to common stockholders
|
|
$
|
(33,217,937 |
)
|
|
$
|
(15,127,629 |
)
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
Weighted average shares used to compute basic and diluted EPS
|
|
|
18,982,139 |
|
|
|
9,637,962 |
|
| |
|
|
|
|
|
|
|
|
|
Basic and diluted earnings (loss) per share
|
|
$
|
(1.75 |
)
|
|
$
|
(1.57 |
)
|
| |
|
|
|
|
|
|
|
|
|
Anti-dilutive securities excluded from shares outstanding:
|
|
|
|
|
|
|
|
|
|
Stock options
|
|
|
3,506,184 |
|
|
|
3,949,158 |
|
|
Restricted and performance stock units
|
|
|
3,134,677 |
|
|
|
|
|
|
Warrants
|
|
|
18,722,425 |
|
|
|
|
|
|
Earnout shares
|
|
|
7,499,993 |
|
|
|
|
|
|
Debentures
|
|
|
2,922,425 |
|
|
|
|
|
|
Total
|
|
|
35,785,704 |
|
|
|
3,949,158 |
|
|