Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

As of March 31, 2023, there were the following potentially dilutive securities that were excluded from diluted net loss per share because their effect would be anti-dilutive (all shares adjusted to reflect a 40:1 reverse stock split effected on March 9, 2022):

 

Shares from common stock options     177,815  
Shares from common stock warrants     50,000  
Shares from the conversion of convertible notes and accrued interest     -  
Shares from the conversion of Series A Stock inclusive of cumulative dividends     242,800  
Shares from the conversion of Series B Preferred Stock inclusive of dividends     301,435  
Total     727,094  

 

As of March 31, 2022, there were the following potentially dilutive securities that were excluded from diluted net loss per share because their effect would be anti-dilutive (all shares adjusted to reflect a 40:1 reverse stock split effected on March 9, 2022):

 

Shares from common stock options     177,815  
Shares from common stock warrants     37,083  
Shares from the conversion of convertible notes and accrued interest     77,117  
Shares from the conversion of Series A Stock inclusive of cumulative dividends     108,480  
Shares from the conversion of Series B Preferred Stock inclusive of dividends     265,555  
Total     666,050