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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 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 and six months ended June 30, 2020 and 2019 are as follows:

 

   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
    2020     2019     2020     2019  
Numerator for basic and diluted income per share – Net loss   $ (497,894 )   $ (387,730 )   $ (2,832,004 )   $ (3,592,904 )
                                 
Denominator for basic loss per share – weighted average shares outstanding     18,976,724       11,305,248       16,430,214       11,124,222  
Dilutive effect of shares issuable under stock options and warrants outstanding                        
                                 
Denominator for diluted loss per share – adjusted weighted average shares outstanding     18,976,724       11,305,248       16,430,214       11,124,222  
                                 
Net loss per share:                                
Basic   $ (0.03 )   $ (0.03 )   $ (0.17 )   $ (0.32 )
Diluted   $ (0.03 )   $ (0.03 )   $ (0.17 )   $ (0.32 )