| Schedule of Basic And Diluted Net Income (Loss) Per Common Share |
The following table presents a reconciliation
of basic and diluted net income (loss) per common share:
| |
|
Year Ended
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Net income (loss) per common share - basic: |
|
|
|
|
|
|
| Net income (loss) attributable to common shareholders |
|
$ |
1,841,470 |
|
|
$ |
(5,178,055 |
) |
| Weighted average common shares outstanding – basic |
|
|
490,113,378 |
|
|
|
308,121,062 |
|
| Net income (loss) per common share – basic |
|
$ |
0.00 |
|
|
$ |
(0.02 |
) |
| |
|
|
|
|
|
|
|
|
| Net income (loss) per common share - diluted: |
|
|
|
|
|
|
|
|
| Net income (loss) attributable to common shareholders - basic |
|
$ |
1,841,470 |
|
|
$ |
(5,178,055 |
) |
| Add: preferred stock dividends |
|
|
54,195 |
|
|
|
- |
|
| Add: interest of convertible debt |
|
|
186,536 |
|
|
|
- |
|
| Numerator for income (loss) per common share – diluted |
|
$ |
2,082,201 |
|
|
$ |
(5,178,055 |
) |
| |
|
|
|
|
|
|
|
|
| Weighted average common shares outstanding – basic |
|
|
490,113,378 |
|
|
|
308,121,062 |
|
| Add: dilutive shares related to: |
|
|
|
|
|
|
|
|
| Convertible debt |
|
|
1,220,101,111 |
|
|
|
- |
|
| Series B preferred |
|
|
376,239,688 |
|
|
|
- |
|
| Series C preferred |
|
|
438,151,351 |
|
|
|
- |
|
| Weighted average common shares outstanding – diluted |
|
|
2,524,605,528 |
|
|
|
308,121,062 |
|
| Net income (loss) per common share – diluted |
|
$ |
0.00 |
|
|
$ |
(0.02 |
) |
|
| Schedule of Common Share Equivalents and Potentially Dilutive Securities |
As of December 31,
2023 and 2022, common share equivalents and potentially dilutive securities consisted of the following:
| |
|
December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| Stock options |
|
|
8,445,698 |
|
|
|
8,445,698 |
|
| Warrants |
|
|
34,000,000 |
|
|
|
34,000,000 |
|
| Series B preferred stock |
|
|
335,772,090 |
|
|
|
164,635,079 |
|
| Series C preferred stock |
|
|
438,151,351 |
|
|
|
432,250,000 |
|
| Convertible debt |
|
|
1,220,101,111 |
|
|
|
962,679,774 |
|
| Non-vested, forfeitable common shares |
|
|
- |
|
|
|
16,970,120 |
|
| |
|
|
2,036,470,250 |
|
|
|
1,618,980,671 |
|
|