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Loss per Share

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

LOSS PER SHARE

13. LOSS PER SHARE

Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the year. Diluted loss per share is computed by dividing net loss by the weighted-average number of common shares and dilutive potential common shares outstanding during nine months ended September 30, 2019 and 2018. 

		For the Nine Months Ended
		September 30, 2019				September 30, 2018
Numerator:
Net loss		$	(2,817,454	)		$	(2,136,962	)
Denominator:
Weighted-average shares outstanding:
Weighted-average shares outstanding - Basic			17,333,902				11,881,657
Stock options							-
Weighted-average shares outstanding - Diluted			17,333,902				11,881,657
Loss per share
-Basic		$	(0.16	)		$	(0.18	)
-Diluted		$	(0.16	)		$	(0.18	)

Diluted loss per share takes into account the potential dilution that could occur if securities or other contracts to issue Common Stock were exercised and converted into Common Stock.

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- References

No definition available.

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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