XML 42 R23.htm IDEA: XBRL DOCUMENT v3.21.1
Loss per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
LOSS PER SHARE
17.LOSS PER SHARE

The following is a reconciliation of the basic and diluted loss per share computation for the years ended December 31, 2020, 2019 and 2018:


   Year ended December 31, 
   2020   2019   2018 
Net loss attributable to the Company’s common shareholders  $(3,241,697)  $(4,450,994)  $(8,910,002)
Weighted average shares outstanding – Basic and diluted   3,389,069    2,225,821    2,202,176 
Loss per share – Basic and diluted  $(0.96)  $(2.00)  $(4.05)

The Company has been authorized to issue Class A and Class B common stock. The two classes of common stock are substantially identical in all material respects, except for voting rights. Since the Company did not declare any dividends during the years ended December 31, 2020 and 2019, the net loss per common share attributable to each class is the same under the “two-class” method. As such, the two classes of common stock have been presented on a combined basis in the consolidated statements of operations and comprehensive income and in the above computation of net loss per common share.


For the years ended December 31, 2020, 2019 and 2018, all the outstanding warrants and options were anti-dilutive.