Quarterly report [Sections 13 or 15(d)]

Earnings (Loss) Per Share (Tables)

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Earnings (Loss) Per Share (Tables)
9 Months Ended
Sep. 30, 2024
Earnings (Loss) Per Share [Abstract]  
Schedule of Computation of Diluted Net Loss Per Common Share

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods in which a net loss is presented because their effect would have been anti-dilutive.

 

    Three and Nine Months
Ended
September 30,
2024
    Nine Months
Ended
September 30,
2023
 
          (Restated)  
Warrants     10,074,195       10,074,195  
Stock options     955,334       630,228  
      11,029,529       10,704,423  
Schedule of Basic and Diluted Earnings Per Share

The following table presents the computation of basic and diluted earnings per share for the three months ended September 30, 2023:

 

    Three Months Ended
September 30, 2023
 
    (Restated)  
    Net income     Shares  
Net income   $ 1,265       18,534,772  
Basic earnings per share           $ 0.07  
                 
Effect of dilutive securities:                
Warrants           10,074,195  
Stock options           630,228  
    $ 1,265       29,239,195  
Diluted earnings per share           $ 0.04