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, 2020

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:

	2020
	Net Loss (Numerator)			Shares (Denominator)		Per share amount
Basic loss per share	$	(5,055,507	)		744,555	$	(6.79	)
Effect of dilutive securities—Common stock options, warrants, and convertible notes		-			-		-
Diluted loss per share	$	(5,055,507	)		744,555	$	(6.79	)

	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	$	(5,093,037	)		680,152	$	(7.49	)

Schedule of Shares of Common Stock Equivalents Were Excluded from 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:

	2020		2019
Common stock underlying convertible notes		638,247		105,360
Common stock underlying options		166,505		202,246
Common stock underlying warrants		780,935		516,748
Total common stock equivalents		1,585,687		824,354