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Net Loss Per Share
6 Months Ended
Jun. 30, 2020
Net Loss Per Share  
Net Loss Per Share

(11) Net Loss Per Share

The following table sets forth the computation of basic and diluted net loss per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30, 

 

June 30, 

 

    

2020

    

2019

    

2020

    

2019

Numerator

 

 

  

 

 

  

 

 

  

 

 

  

Net loss

 

$

(2,309,490)

 

$

(344,700)

 

$

(2,751,080)

 

$

(535,603)

Denominator

 

 

  

 

 

  

 

 

  

 

 

  

Weighted-average common shares outstanding, basic and diluted

 

 

6,860,847

 

 

282,614

 

 

5,730,158

 

 

282,614

Net loss per share, basic and diluted

 

$

(0.34)

 

$

(1.22)

 

$

(0.48)

 

$

(1.90)

 

The Company reported a net loss for the three and six months ended June 30, 2020 and 2019, therefore, the basic and diluted net loss per share are the same for all periods because the inclusion of potential common shares would have an anti-dilutive effect. Potential shares of common stock that are excluded from the computation of diluted weighted-average shares outstanding are as follows:

 

 

 

 

 

 

 

 

June 30, 

 

    

2020

    

2019

Redeemable convertible preferred stock, as converted

 

 —

 

4,117,089

Stock options

 

903,847

 

353,565

Warrants

 

100,000

 

 —

 

In addition, common shares issuable upon the conversion of the $530,000 Notes were excluded for all periods in which the Notes were outstanding.