XML 31 R18.htm IDEA: XBRL DOCUMENT v3.21.1
Net Loss Per Share
3 Months Ended
Mar. 31, 2021
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

 

 

 

March 31, 

 

 

    

2021

    

2020

    

Numerator

 

 

  

 

 

  

 

Net loss

 

$

(3,199,673)

 

$

(441,590)

 

Denominator

 

 

  

 

 

  

 

Weighted-average common shares outstanding, basic and diluted

 

 

6,920,622

 

 

4,599,469

 

Net loss per share, basic and diluted

 

$

(0.46)

 

$

(0.10)

 

 

The Company reported a net loss for the three months ended March 31, 2021 and 2020, 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:

 

 

 

 

 

 

 

 

March 31, 

 

    

2021

    

2020

Stock options

 

1,107,598

 

324,996

Warrants

 

5,000

 

100,000

 

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