XML 12 R29.htm IDEA: XBRL DOCUMENT v3.20.1
Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Calculation of Weighted Average Number of Shares Outstanding and Loss Per Share Outstanding

The calculation of the weighted average number of shares outstanding and loss per share outstanding for the three months ended March 31, 2020 and 2019 are as follows:

 

   

Three months ended

March 31,

 
    2020     2019  
Numerator for basic and diluted income per share – Net loss   $ (2,334,110 )   $ (3,205,174 )
                 
Denominator for basic loss per share – weighted average shares outstanding     13,888,438       10,941,856  
Dilutive effect of shares issuable upon conversion of convertible debt and the exercise of stock options and warrants outstanding            
                 
Denominator for diluted loss per share – adjusted weighted average shares outstanding     13,888,438       10,941,856  
                 
Net loss per share:                
Basic   $ (0.17 )   $ (0.29 )
Diluted   $ (0.17 )   $ (0.29 )