Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss Per Share

v3.7.0.1
Basic and Diluted Net Loss Per Share
6 Months Ended
Jun. 30, 2017
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:

 

    Three-months ended June 30, 2017 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (383,043 )     90,305,824     $ (0.00 )
Effect of dilutive securities—Common stock options and warrants     -              
Diluted loss per share   $ (383,043 )     90,305,824     $ (0.00 )

 

      Three-months ended June 30, 2016 (Unaudited)  
      Net Loss (Numerator)       Shares (Denominator)      

Per share

amount

 
Basic loss per share   $ (227,742 )     73,116,801     $ (0.00 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (227,742 )     73,116,801     $ (0.00 )

 

    Six-months ended June 30, 2017 (Unaudited)  
    Net Loss (Numerator)     Shares (Denominator)     Per share
amount
 
Basic loss per share   $ (833,879 )     88,409,138     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (833,879 )     88,409,138     $ (0.01 )

 

      Six-months ended June 30, 2016 (Unaudited)  
     

Net Loss

(Numerator)

     

Shares

(Denominator)

     

Per share

amount

 
Basic loss per share   $ (905,488 )     71,102,378     $ (0.01 )
Effect of dilutive securities—Common stock options and warrants     -       -       -  
Diluted loss per share   $ (905,488 )     71,102,378     $ (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:

 

    June 30, 2017     June 30, 2016  
    (Unaudited)     (Unaudited)  
Common stock options     36,983,427       36,610,858  
Common stock warrants     99,322,970       67,016,015  
Total common stock equivalents     136,306,397       103,626,873