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Net Loss Per Share
9 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Net Loss per Share

Note 8. Net Loss per Share

 

Basic net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock outstanding during each period. Diluted net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. The Company uses the treasury stock method to determine whether there is a dilutive effect of outstanding option grants.

 

The following securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:

 

   For the
three months ended
   For the
nine months ended
 
   September 30,   September 30, 
   2021   2020   2021   2020 
Stock options   118,388    173,041    118,388    173,041 
Warrants   1,050,104    642,270    1,050,104    642,270 
Total common stock equivalents   1,168,492    815,311    1,168,492    815,311