Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss Per Share

v3.10.0.1
Basic and Diluted Net Loss Per Share
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss Per Share

NOTE 12 – 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 September 30, 2018 (Unaudited)  
    Net Loss 
(Numerator)
    Shares 
(Denominator)
    Per share 
amount
 
Basic loss per share   $ (928,888 )     130,083,598     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (928,888 )     130,083,598     $ (0.01 )

 

    Three-months ended September 30, 2017(Unaudited)  
    Net Loss 
(Numerator)
    Shares 
(Denominator)
    Per share 
amount
 
Basic loss per share   $ (363,156 )     100,587,843     $ (0.00 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (363,156 )     100,587,843     $ (0.00 )

 

    Nine-months ended September 30, 2018 (Unaudited)  
    Net Loss 
(Numerator)
    Shares 
(Denominator)
    Per share 
amount
 
Basic loss per share   $ (3,076,873 )     125,271,516     $ (0.02 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (3,076,873 )     125,271,516     $ (0.02 )

 

    Nine-months ended September 30, 2017 (Unaudited)  
    Net Loss 
(Numerator)
    Shares 
(Denominator)
    Per share 
amount
 
Basic loss per share   $ (1,197,035 )     92,513,317     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (1,197,035 )     92,513,317     $ (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:

 

    September 
30, 2018
    September 
30, 2017
 
    (Unaudited)     (Unaudited)  
Common stock options     39,496,761       36,838,427  
Common stock warrants     118,148,846       127,018,546  
Total common stock equivalents     157,645,607       163,856,973