| Schedule of net loss per common share |
Basic earnings per share are computed on the weighted average of common
shares outstanding during each year. Diluted earnings per share include only an increase in the weighted average shares by the common
shares issuable upon exercise of employee and consultant stock options. See “NOTE 4 — STOCK-BASED COMPENSATION”
for further detail.
Schedule of net loss per common share
| |
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
Six Months Ended |
|
| |
|
June 30, |
|
June 30, |
|
| |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss |
|
$ |
(2,921,341 |
) |
$ |
(1,124,549 |
) |
$ |
(5,458,855 |
) |
$ |
(2,400,687 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Weighted Average Outstanding Shares: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Outstanding shares |
|
|
44,921,870 |
|
|
44,489,853 |
|
|
44,795,625 |
|
|
44,226,936 |
|
| Option shares includable |
|
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
|
— |
(a) |
| |
|
|
44,921,870 |
|
|
44,489,853 |
|
|
44,795,625 |
|
|
44,226,936 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Net loss per share |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Basic |
|
$ |
(0.07 |
) |
$ |
(0.03 |
) |
$ |
(0.12 |
) |
$ |
(0.05 |
) |
| Diluted |
|
$ |
(0.07 |
) |
$ |
(0.03 |
) |
$ |
(0.12 |
) |
$ |
(0.05 |
) |
__________
| (a) |
For the three months ended June 30, 2022, and 2021, option shares of 137,539
and 224,336 respectively, were not included as the impact is anti-dilutive. For the six months ended June 30, 2022, and 2021, option
shares of 166,441 and 214,132 respectively, were not included as the impact is anti-dilutive.
For the three months ended June 30, 2022 and 2021, restricted shares of
950,000 and 1,000,000 respectively, were not included as the impact is anti-dilutive. For the six months ended June 30, 2022, and 2021,
restricted shares of 950,000 and 1,000,000 respectively, were not included as the impact is anti-dilutive.
|
|
| Schedule of net sales by geography |
The following table summarizes net sales by geography for the three and
six months ended June 30, 2022, and 2021:
Schedule of net sales by geography
| |
|
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
| |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
| Sales |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Domestic |
|
$ |
5,512,173 |
|
$ |
4,645,770 |
|
$ |
10,813,561 |
|
$ |
9,092,559 |
|
| International |
|
|
1,034,455 |
|
|
882,404 |
|
|
1,977,397 |
|
|
1,866,566 |
|
| Total |
|
$ |
6,546,628 |
|
$ |
5,528,174 |
|
$ |
12,790,958 |
|
$ |
10,959,125 |
|
|