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Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net Loss Per Share

Basic and diluted net loss per share was calculated as follows for the three and nine month periods ended September 30, 2020 and 2019:

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Basic and diluted net income (loss) per share attributable

   to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

857,790

 

 

$

544,901

 

 

$

(250,404

)

 

$

(1,994,461

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding -

   basic

 

 

16,585,773

 

 

 

15,777,158

 

 

 

16,469,457

 

 

 

14,825,351

 

Effect of dilutive securities

 

 

432,841

 

 

 

613,048

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding -

   diluted

 

 

17,018,614

 

 

 

16,390,206

 

 

 

16,469,457

 

 

 

14,825,351

 

Net income (loss) per common share attributable to common

   stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.05

 

 

$

0.03

 

 

$

(0.02

)

 

$

(0.13

)

Diluted

 

$

0.05

 

 

$

0.03

 

 

$

(0.02

)

 

$

(0.13

)