Quarterly report pursuant to Section 13 or 15(d)

INCOME (LOSS) PER COMMON SHARE (Tables)

v3.22.2.2
INCOME (LOSS) PER COMMON SHARE (Tables)
9 Months Ended
Sep. 30, 2022
INCOME (LOSS) PER COMMON SHARE  
Schedule of earnings (loss) per share

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss)

 

$

(23,280,727)

 

 

$

(264,555,523)

 

 

$

(86,841,169

)

 

$

(246,495,102)

 

Less preferred dividends

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(6,676,994)

Net income (loss) attributable to common shareholders

 

$

(23,280,727)

 

 

$

(264,555,523)

 

 

$

(86,841,169

)

 

$

(253,172,096)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator - weighted average shares – basic

 

 

487,692,319

 

 

 

161,892,534

 

 

 

401,147,671

 

 

 

81,599,069

 

Dilutive effect of common stock equivalents - options/ warrants

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Dilutive effect Preferred C Shares

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Denominator - weighted average shares - diluted

 

 

487,692,319

 

 

 

161,892,534

 

 

 

401,147,671

 

 

 

81,599,069

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) per share - basic

 

$

(0.05)

 

 

$

(1.63)

 

 

$

(0.22

)

 

$

(3.10)

 

Income (loss) per share - diluted

 

$

(0.05)

 

 

$

(1.63)

 

 

$

(0.22

)

 

$

(3.10)