Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss Per Share

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Basic and Diluted Net Loss Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss Per Share

NOTE 11 – 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, 2018
(Unaudited)
 
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (1,047,864 )     122,674,516     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,047,864 )     122,674,516     $ (0.01 )

 

    Three-months ended March 31, 2017
(Unaudited)
 
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (450,836 )     86,491,377     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (450,836 )     86,491,377     $ (0.01 )

 

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, 2018     March 31, 2017  
    (Unaudited)     (Unaudited)  
Common stock options     38,696,761       36,900,094  
Common stock warrants     127,434,122       95,205,057  
Total common stock equivalents     166,130,883       132,105,151