| Schedule of Computation of Basic and Diluted Earnings Per Share |
The
following table presents the components of the computation of basic and diluted earnings per share for the periods with losses
indicated:
| | |
Three Months Ended June 30 | |
Six Months Ended June 30 |
| | |
2018 (Restated) | |
2017 | |
2018 (Restated) | |
2017 |
| Numerator | |
| |
| |
| |
|
| Net income (loss) applicable to common shareholders | |
| (641,720 | ) | |
| (51,267 | ) | |
| 3,347,781 | | |
| (349,477 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Denominator | |
| | | |
| | | |
| | | |
| | |
| Weighted average common shares outstanding, basic | |
| 42,787,728 | | |
| 2,712,980 | | |
| 33,852,073 | | |
| 2,688,865 | |
| Convertible preferred stock | |
| | | |
| | | |
| 963,000,000 | | |
| | |
| Convertible promissory notes | |
| | | |
| | | |
| 4,062,347 | | |
| | |
| Weighted average common shares outstanding, diluted | |
| 42,787,728 | | |
| 2,712,980 | | |
| 1,000,914,420 | | |
| 2,688,865 | |
| Net Income per share - Basic - | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | 0.10 | | |
$ | (0.13 | ) |
| Income per shares - Diluted | |
$ | (0.01 | ) | |
$ | (0.02 | ) | |
$ | 0.00 | | |
$ | (0.13 | ) |
|