| Loss Per Share |
Note
11. Loss Per Share
Basic
loss per share is computed by dividing the net loss after tax attributable to common stockholders by the weighted average shares outstanding
during the period. Diluted loss per share is computed by including potentially dilutive securities outstanding during the period in the
calculation of weighted average shares outstanding. The Company did not have any dilutive securities during the periods presented; therefore,
diluted loss per share is equal to basic loss per share.
Presented
in the table below is a reconciliation of the numerator and denominator for the basic and diluted income (loss) per share calculations for the
three and nine months ended September 30, 2022 and 2021:
Schedule
of Reconciliation of Numerator and Denominator for Basic and Diluted Income (Loss) Per Share
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| |
|
Three months ended September 30,
|
|
|
Nine months ended September 30,
|
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Net loss from continuing operations |
|
$ |
(3,647 |
) |
|
$ |
(3,274 |
) |
|
$ |
(12,378 |
) |
|
$ |
(14,586 |
) |
| Net income (loss) from discontinuing operations |
|
|
184 |
|
|
|
(1,187 |
) |
|
|
(6,053 |
) |
|
|
(1,427 |
) |
| Net loss |
|
$ |
(3,463 |
) |
|
$ |
(4,461 |
) |
|
$ |
(18,431 |
) |
|
$ |
(16,013 |
) |
| Basic and diluted weighted average shares outstanding |
|
|
5,882,560 |
|
|
|
5,797,162 |
|
|
|
5,856,159 |
|
|
|
4,095,951 |
|
| Basic and diluted net income (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Continuing operations |
|
$ |
(0.62 |
) |
|
$ |
(0.57 |
) |
|
$ |
(2.11 |
) |
|
$ |
(3.56 |
) |
| Discontinuing operations |
|
|
0.03 |
|
|
|
(0.20 |
) |
|
|
(1.04 |
) |
|
|
(0.35 |
) |
| Net loss per shares attributable to common stockholder, basic and diluted |
|
$ |
(0.59 |
) |
|
$ |
(0.77 |
) |
|
$ |
(3.15 |
) |
|
$ |
(3.91 |
) |
The
following securities were not included in the computation of diluted shares outstanding for the for the three and nine months ended September
30, 2022 and 2021 because the effect would be anti-dilutive:
Schedule of Computation of Diluted Shares Outstanding
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| |
|
Three months ended
September
30, |
|
|
Nine months ended
September
30, |
|
| |
|
2022 |
|
|
2021 |
|
|
2022 |
|
|
2021 |
|
| Common stock warrants |
|
|
458,598 |
|
|
|
460,315 |
|
|
|
458,598 |
|
|
|
460,315 |
|
| Common stock options |
|
|
484,781 |
|
|
|
430,567 |
|
|
|
484,781 |
|
|
|
430,567 |
|
| Restricted stock |
|
|
68,899 |
|
|
|
- |
|
|
|
68,899 |
|
|
|
- |
|
| Total |
|
|
1,012,278 |
|
|
|
890,882 |
|
|
|
1,012,278 |
|
|
|
890,882 |
|
| Anti-dilutive securities |
|
|
1,012,278 |
|
|
|
890,882 |
|
|
|
1,012,278 |
|
|
|
890,882 |
|
|