Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Net Loss Per Share

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Basic and Diluted Net Loss Per Share
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
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 the years ended December 31:

 

    2019  
    Net Loss
(Numerator)		     Shares
(Denominator)		     Per share
amount		  
Basic loss per share   $ (5,093,037 )     680,152     $ (7.49 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (5,106,514 )     680,152     $ (7.49 )

 

    2018  
    Net Loss
(Numerator)		     Shares
(Denominator)		     Per share
amount		  
Basic loss per share   $ (4,024,222 )     637,028     $ (6.32 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (4,024,222 )     637,028     $ (6.32 )

 

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:

 

    2019     2018  
Common stock underlying options     202,246       202,537  
Common stock underlying warrants     516,748       590,340  
Common stock underlying convertible notes     105,360       -  
Total common stock equivalents     824,354       792,877