Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.23.2
Earnings (Loss) Per Share
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share

16. Earnings (Loss) Per Share

 

Following is the computation of earnings (loss) per basic and diluted share:

 

    Three months ended
March 31,		  
    2023     2022  

 

(As Restated)

      
Numerator:            
Net loss   $ (14,138,665 )   $ (3,504,002 )
Net loss attributable to common stockholders   $ (14,138,665 )   $ (3,504,002 )
Denominator:                
Weighted average shares used to compute basic and diluted EPS
     39,765,361       9,669,217  
                 
Basic and diluted earnings (loss) per share
   $ (0.36 )   $ (0.36 )
                 
Anti-dilutive securities excluded from shares outstanding:                

Stock options

     3,472,129       4,005,717  
Restricted and performance stock units     3,169,269      
-
  
Warrants     18,722,425      
-
  
Earnout shares     7,499,993      
-
  
Convertible debt    
-
       5,299,546  
Debentures     2,922,425      
-
  
Total     35,786,241       9,305,263