| 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 |
|
|
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
| |
|
2022 |
|
|
2021 |
|
| |
|
For the Years Ended December 31, |
|
| |
|
2022 |
|
|
2021 |
|
| Convertible notes payable |
|
|
293,174 |
|
|
|
137,249 |
|
| Warrants to purchase shares of common stock |
|
|
379,812 |
|
|
|
199,814 |
|
| Total potentially dilutive shares |
|
|
672,986 |
|
|
|
337,063 |
|
|
| 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 |
) |
|
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
| |
|
2022 |
|
|
2021 |
|
| |
|
Years Ended December 31, |
|
| |
|
2022 |
|
|
2021 |
|
| |
|
|
|
|
|
|
| Net loss attributable to the common stockholders |
|
$ |
(2,929,817 |
) |
|
$ |
(3,004,619 |
) |
| |
|
|
|
|
|
|
|
|
| Basic weighted average outstanding shares of common stock |
|
|
934,915 |
|
|
|
909,915 |
|
| Dilutive effect of options and warrants |
|
|
- |
|
|
|
- |
|
| Diluted weighted average common stock and common stock equivalents |
|
|
934,915 |
|
|
|
909,915 |
|
| |
|
|
|
|
|
|
|
|
| Loss per share: |
|
|
|
|
|
|
|
|
| Basic and diluted |
|
$ |
(3.13 |
) |
|
$ |
(3.30 |
) |
|