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12. Income (Loss) Per Share
 6 Months Ended
Jun. 30, 2020
Income (loss) per share  
Income (Loss) Per Share

Note 10      INCOME (LOSS) PER SHARE

 

The following table sets forth the computation of basic and diluted income (loss) per common share for the three and six months ended June 30, 2020 and 2019.

 

   

For three months ended

June 30,

    

For six months ended

June 30,

  
    2020     2019     2020     2019  
    $     $     $     $  
Numerator:                                
Net income (loss) attributable to the Company     33,475       (137,295 )     252,793       (295,674 )
                                 
Denominator:                                
Weighted-average shares outstanding                                
- Basic     13,181,786       13,181,786       13,181,786       12,352,228  
- Diluted     17,659,384       12,354,200       17,624,585       12,352,228  
                                 
Income (loss) per share:                                
- Basic     0.0025       (0.0111 )     0.0192       (0.0239 )
- Diluted     0.0019       (0.0111 )     0.0143       (0.0239 )
                                 

 

Basic net income (loss) per common share is computed using the weighted average number of the common shares outstanding during the period. Diluted income (loss) per share is computed using the weighted average number of ordinary shares and ordinary equivalent shares outstanding during the period.

 

Due to the loss during the period ended June 30, 2019, approximately 6,300,000 warrants were excluded from the calculation of diluted net loss per share for both three months and six months ended June 30, 2019, respectively. There were 5,560,000 warrants outstanding during the period ended June 30, 2020.