Annual report pursuant to Section 13 and 15(d)

Basic and Diluted Net Loss Per Share

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Basic and Diluted Net Loss Per Share
 12 Months Ended
Dec. 31, 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 the years ended December 31:

 

    2018  
    Net Loss 
(Numerator) 		    Shares 
(Denominator) 		    Per share 
amount 		 
Basic loss per share   $ (4,024,222 )     127,304,856     $ (0.03 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (4,024,222 )     127,304,856     $ (0.03 )

 

    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 )

 

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:

 

    2018     2017  
Common stock options     40,496,761       38,213,427  
Common stock warrants     118,046,862       127,434,122  
Total common stock equivalents     158,543,623       165,647,549