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Loss per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Loss per Share

 

5.

Loss per Share

 

 

The following were excluded from the diluted loss per share calculation for the periods presented because their effect would be anti-dilutive:

 

 

For the Year Ended December 31,

 

 

2020

 

 

2019

 

Outstanding stock options

 

 

531,336

 

 

 

1,865

 

Preferred stock

 

 

422,985

 

 

 

298,000

 

Outstanding warrants

 

 

3,113,625

 

 

 

3,637,000

 

Total

 

 

4,067,946

 

 

 

3,936,865

 

 

Net loss per share for the year ended December 31, 2019 included a deemed dividend of $554,000 due to beneficial conversion feature recorded as a result of the adjustment of the conversion price of Series C Preferred Stock from $39.93 to $7.50 per share in August 2019.