| Basic and Diluted Net Loss Per Share |
NOTE 15 – 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 September 30, 2019 (Unaudited) |
|
| |
|
Net Loss (Numerator) |
|
|
Shares (Denominator) |
|
|
Per share
amount |
|
| Basic loss per share |
|
$ |
(1,433,626 |
) |
|
|
136,640,761 |
|
|
$ |
(0.01 |
) |
| Effect of dilutive securities—Common stock options, warrants, and convertible note |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted loss per share |
|
$ |
(1,433,626 |
) |
|
|
136,640,761 |
|
|
$ |
(0.01 |
) |
| |
|
Three-months ended September 30, 2018 (Unaudited) |
|
| |
|
Net Loss (Numerator) |
|
|
Shares (Denominator) |
|
|
Per share
amount |
|
| Basic loss per share |
|
$ |
(928,888 |
) |
|
|
130,083,598 |
|
|
$ |
(0.01 |
) |
| Effect of dilutive securities—Common stock options, warrants, and convertible note |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted loss per share |
|
$ |
(928,888 |
) |
|
|
130,083,598 |
|
|
$ |
(0.01 |
) |
| |
|
Nine-months ended September 30, 2019 (Unaudited) |
|
| |
|
Net Loss (Numerator) |
|
|
Shares (Denominator) |
|
|
Per share
amount |
|
| Basic loss per share |
|
$ |
(3,650,740 |
) |
|
|
135,516,490 |
|
|
|
(0.03 |
) |
| Effect of dilutive securities—Common stock options, warrants, and convertible note |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted loss per share |
|
$ |
(3,650,740 |
) |
|
|
135,516,490 |
|
|
|
(0.03 |
) |
| |
|
Nine-months ended September 30, 2018 (Unaudited) |
|
| |
|
Net Loss (Numerator) |
|
|
Shares (Denominator) |
|
|
Per share
amount |
|
| Basic loss per share |
|
$ |
(3,076,873 |
) |
|
|
125,271,516 |
|
|
$ |
(0.02 |
) |
| Effect of dilutive securities—Common stock options, warrants, and convertible note |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Diluted loss per share |
|
$ |
3,076,873 |
|
|
|
125,271,516 |
|
|
$ |
(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:
| |
|
September 30, 2019 |
|
|
September 30, 2018 |
|
| |
|
(Unaudited) |
|
|
(Unaudited) |
|
| Convertible notes |
|
|
9,490,186 |
|
|
|
- |
|
| Common stock options |
|
|
40,438,425 |
|
|
|
39,496,761 |
|
| Common stock warrants |
|
|
102,758,031 |
|
|
|
118,148,846 |
|
| Total common stock equivalents |
|
|
152,686,642 |
|
|
|
157,645,607 |
|
|
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 |
|
|