Net Loss Per Share

9 Months Ended

Sep. 30, 2020

(11) Net Loss Per Share

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


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019
Numerator
Net loss	$	(1,006,354)	$	(254,121)	$	(3,757,434)	$	(789,724)
Denominator
Weighted-average common shares outstanding, basic and diluted		6,871,554		282,614		6,113,400		282,614
Net loss per share, basic and diluted	$	(0.15)	$	(0.90)	$	(0.61)	$	(2.79)

The Company reported a net loss for the three and nine months ended September 30, 2020 and 2019, therefore, the basic and diluted net loss per share are the same in the respective period 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:


	September 30,
	2020	2019
Redeemable convertible preferred stock, as converted	—	4,117,089
Stock options	1,113,847	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.