Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Net Loss Per Share (Tables)

Basic and Diluted Net Loss Per Share (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of 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	)

Schedule of Shares of Common Stock Equivalents Were Excluded from the Computation of Diluted Net Loss Per Share

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