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Income (Loss) Per Share | 12 Months Ended
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Dec. 31, 2019
Earnings Per Share [Abstract] |
Income (Loss) Per Share |
NOTE 16 – | INCOME (LOSS) PER SHARE
The loss and the weighted average number of shares used in computing basic and diluted loss per share for the years ended December 31, 2019 and 2018 are as follows:
|  | 2019 |  |  | 2018 |
Income (loss) for the year |  |  | (3,516,146 | ) |  |  | (6,715,420 | )
Conversion of preferred shares into common |  |  | - |  |  |  | (13,989,595 | )
Conversion of warrants |  |  | - |  |  |  | (182,093 | )
Reclassification of warrants with down round protection as a result of early adoption of ASU 2017-11 |  |  | - |  |  |  | (2,505,723 | )
Remeasurement of warrants issued to placement agent |  |  | - |  |  |  | (5,840,896 | )
Additional shares issued to Series D Holders on Conversion |  |  | - |  |  |  | (5,801,172 | )
Cash dividend on Series A Preferred Stock |  |  | - |  |  |  | (18,454 | )
Stock dividend on Series B Preferred Stock |  |  | - |  |  |  | (2,649,188 | )
Stock dividend on Series C Preferred Stock |  |  | - |  |  |  | (2,115,629 | )
Income (loss) for the period attributable to common stockholders |  |  | (3,516,146 | ) |  |  | (39,818,168 | )
|  | 2019 |  |  | 2018 |
Common shares used in computing Basic loss per share |  |  | 154,929,064 |  |  |  | 8,396,847 |
Common shares used in computing Diluted loss per share (*) |  |  | 154,929,064 |  |  |  | 8,396,847 |
Total weighted average number of Common shares related to outstanding convertible Preferred Stock, options and warrants excluded from the calculations of diluted loss per share (**) |  |  | 79,562,675 |  |  |  | 27,272,569 |
| (*) | In applying the treasury method, the average market price of Common Stock was based on management estimate. For December 31, 2019, management considered, among other things, a valuation prepared by a third-party valuation firm following the occurrence of the Forced Conversion. For December 31, 2019 management estimation considered, among other things, a valuation prepared by a third-party valuation firm following the issuance of the Series D Units

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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 + Details
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