Annual report pursuant to Section 13 and 15(d)

Net Income (Loss) Per Share of Common Stock (Tables)

v3.20.1
Net Income (Loss) Per Share of Common Stock (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of basic and diluted net loss per share

 

 

For the Year Ended December 31, 2019

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per-Share

Amount

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$ 1,051,825

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic EPS

 

 

 

 

 

 

 

 

 

 

 

 

Income available to common stockholders

 

 

1,051,825

 

 

 

135,154,931

 

 

$ 0.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effect of Dilutive Securities

 

 

 

 

 

 

 

 

 

 

 

 

Unvested restricted stock

 

 

 

 

 

 

858,856

 

 

 

 

 

Options

 

 

 

 

 

 

392,784

 

 

 

 

 

Warrants

 

 

 

 

 

 

447,431

 

 

 

 

 

Warrants – liability classified

 

 

(9,250,612 )

 

 

32,706,263

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Loss available to common stockholders + assumed conversions

 

$ (8,198,787 )

 

 

169,560,265

 

 

$ (0.05 )

  

 

 

For the Year Ended December 31, 2018

 

 

 

Income

(Numerator)

 

 

Shares

(Denominator)

 

 

Per-Share

Amount

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$ (19,194,236 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and Diluted EPS

 

 

 

 

 

 

 

 

 

 

 

 

Loss available to common stockholders

 

$

(19,194,236 )

 

 

121,154,334

 

 

$ (0.16 )
Schedule of anti-dilutive securities

 

 

Year Ended

December 31,

 

 

 

2019

 

 

2018

 

Stock options

 

 

4,119,931

 

 

 

3,600,073

 

Unvested restricted stock

 

 

234,645

 

 

 

1,543,501

 

Common shares underlying convertible debt

 

 

5,036,250

 

 

 

5,000,000

 

Warrants

 

 

20,712,000

 

 

 

53,130,750