Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss Per Share (Tables)

v3.21.1
Basic and Diluted Net Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
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:

 

    Three-months ended March 31, 2021 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (1,382,118 )     794,183     $ (1.74 )
Effect of dilutive securities—Common stock options, warrants, convertible notes, and preferred stock     -       -       -  
Diluted loss per share   $ (1,382,118 )     794,183     $ (1.74 )

 

    Three-months ended March 31, 2020 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (1,002,868 )     700,879     $ (1.43 )
Effect of dilutive securities—Common stock options, warrants, and convertible notes     -       -       -  
Diluted loss per share   $ (1,002,868 )     700,879     $ (1.43 )
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 periods ended:

 

    March 31, 2021     March 31, 2020  
    (Unaudited)     (Unaudited)  
Common stock underlying convertible notes     688,147       443,410  
Common stock underlying options     141,122       202,246  
Common stock underlying warrants     901,199       447,036  
Common stock underlying preferred stock     10,172       -  
Total common stock equivalents     1,740,640       1,092,692