XML 16 R32.htm IDEA: XBRL DOCUMENT v3.19.3
Net Loss Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Calculation of Weighted Average Number of Shares Outstanding and Loss Per Share Outstanding

The calculations of the weighted average number of shares outstanding and loss per share outstanding for the three and nine months ended September 30, 2019 and 2018 are as follows:

 

   

Three Months Ended

September 30,

   

Nine Months Ended

September 30,

 
    2019     2018     2019     2018  
Numerator for basic and diluted income per share – Net loss   $ (2,985,825 )   $ (4,665,580 )   $ (6,578,729 )   $ (10,216,702 )
                                 
Denominator for basic loss per share – weighted average shares outstanding     11,637,289       7,725,877       11,296,999       7,295,098  
                                 
Dilutive effect of shares issuable under stock options and warrants outstanding                        
                                 
Denominator for diluted loss per share – adjusted weighted average shares outstanding     11,637,289       7,725,877       11,296,999       7,295,098  
                                 
Net loss per share:                                
Basic   $ (0.26 )   $ (0.60 )   $ (0.58 )   $ (1.40 )
Diluted   $ (0.26 )   $ (0.60 )   $ (0.58 )   $ (1.40 )