Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.24.0.1
EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
SCHEDULE OF ANTI DILUTIVE SECURITIES

The following potentially dilutive securities were excluded from the calculation of diluted net loss per share because the effects were anti-dilutive based on the application of the treasury stock method and because the Company incurred net losses during the period:

 

 SCHEDULE OF ANTI DILUTIVE SECURITIES

    2023     2022  
    Years Ended December 31,  
    2023     2022  
Convertible notes payable     365,274       293,174  
Restricted stock units     17,178       -  
Warrants to purchase shares of common stock     78,000       379,812  
Total potentially dilutive shares     460,452       672,986  
SCHEDULE OF COMPUTATION OF BASIC AND DILUTED NET INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share:

 

 SCHEDULE OF COMPUTATION OF BASIC AND DILUTED NET INCOME PER SHARE

    2023     2022  
    Years Ended December 31,  
    2023     2022  
             
Net loss attributable to the common stockholders   $ (4,145,936 )   $ (2,929,817 )
                 
Basic weighted average outstanding shares of common stock     1,100,372       934,915  
Dilutive effect of options and warrants     -       -  
Diluted weighted average common stock and common stock equivalents     1,100,372       934,915  
                 
Loss per share:                
Basic and diluted   $ (3.77 )   $ (3.13 )