Registration of securities issued in business combination transactions

Basic and Diluted Net Loss Per Share (Tables)

v3.8.0.1
Basic and Diluted Net Loss Per Share (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Earnings Per Share [Abstract]    
Schedule of Basic and Diluted Net Income (Loss)

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 table sets forth the computation of the Company’s basic and diluted net loss per share for the years ended December 31:

 

    2017  
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (1,985,234 )     99,951,385     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,985,234 )     99,951,385     $ (0.02 )

 

    2016  
    Net Loss
(Numerator)
    Shares
(Denominator)
    Per share
amount
 
Basic loss per share   $ (1,783,705 )     76,227,524     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,783,705 )     76,227,524     $ (0.02 )

Schedule of Computation of Diluted Net Income (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, 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  

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:

 

    2017     2016  
Common stock options     38,213,427       36,821,969  
Common stock warrants     127,434,122       88,365,036  
Total common stock equivalents     165,647,549       125,187,005