Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Net Loss Per Share

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Note 7 - Net Loss Per Share
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

Note 7 - Net Loss per Share

 

Loss per share is computed by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding, excluding unvested restricted stock and stock options and preferred shares, during the period. Dividends declared are paid and set aside among the holders of shares of common stock and Class A Preferred stock pro-rata on an as-if-converted basis.

 

The following table sets forth the potential common shares that could potentially dilute basic income per share in the future that were not included in the computation of diluted net loss per share because to do so would have been anti-dilutive for the periods presented:

 

   

For the Three Months Ended

 
   

March 31,

 
   

2023

   

2022

 

Unvested restricted stock units/awards

    13,137       21,412  

Warrants

    7,170,431        

Class A Preferred shares

    16,666       16,666  

Total potential dilutive effect

    7,200,234       38,078