Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.23.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE

As of June 30, 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     78,584  
Shares from the conversion of Series A Stock inclusive of cumulative dividends     244,144  
Shares from the conversion of Series B Preferred Stock inclusive of dividends     348,420  
      820,379  

 

 

As of June 30, 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     78,584  
Shares from the conversion of Series A Stock inclusive of cumulative dividends     110,437  
Shares from the conversion of Series B Preferred Stock inclusive of dividends     271,490  
      675,409