General form of registration statement for all companies including face-amount certificate companies

Basic and Diluted Net Loss Per Share

v3.19.2
Basic and Diluted Net Loss Per Share
6 Months Ended 12 Months Ended
Jun. 30, 2019
Dec. 31, 2018
Earnings Per Share [Abstract]    
Basic and Diluted Net Loss Per Share

NOTE 14 – BASIC AND DILUTED NET LOSS PER SHARE

 

The following table sets forth the computation of the Company’s basic and diluted net loss per share for:

 

    Three-months ended June 30, 2019 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (1,081,694 )     135,932,016     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,081,694 )     135,932,016     $ (0.01 )

 

    Three-months ended June 30, 2018 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (1,100,122 )     122,975,014     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,100,122 )     122,975,014     $ (0.01 )

 

    Six-months ended June 30, 2019 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (2,217,114 )     134,945,037     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (2,217,114 )     134,945,037     $ (0.02 )

 

    Six-months ended June 30, 2018 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (2,147,985 )     122,825,595     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (2,147,985 )     122,825,595     $ (0.02 )

 

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive for the periods ended:

 

    June 30, 2019     June 30, 2018  
      (Unaudited)       (Unaudited)  
Convertible notes    

1,250,000

      -  
Common stock options     40,496,761       38,696,761  
Common stock warrants     100,958,031       127,434,122  
Total common stock equivalents     142,704,792       166,130,883  

NOTE 12 – BASIC AND DILUTED NET LOSS PER SHARE

 

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the years ended December 31:

 

    2018  
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (4,024,222 )     127,304,856     $ (0.03 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (4,024,222 )     127,304,856     $ (0.03 )

 

    2017  
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (1,985,234 )     99,951,385     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,985,234 )     99,951,385     $ (0.02 )

 

The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share for the periods presented because including them would have been antidilutive for the years ended December 31:

 

    2018     2017  
Common stock options     40,496,761       38,213,427  
Common stock warrants     118,046,862       127,434,122  
Total common stock equivalents     158,543,623       165,647,549