Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Schedule of basic and diluted net loss per share

 

    Three Months
Ended September 30,
(Unaudited)
      Nine Months
Ended September 30,
(Unaudited)
 

 

   

2020

     

2019

     

2020

     

2019

 

Basic net loss per share:

                               

Net loss

  $ (1,296,696 )   $ (4,931,125 )   $ (5,058,592 )   $ (3,800,227 )

Weighted average common shares outstanding – basic

    256,758,472       133,001,746       207,536,173       132,885,675  

Net loss per share - basic

  $ (0.01 )   $ (0.04 )   $ (0.02 )   $ (0.03 )

 

                               

Diluted net loss per share:

                               

Net loss (as adjusted)

  $ (1,720,835 )   $ (4,931,125 )   $ (5,401,484 )   $ (5,656,982 )

Weighted average common shares outstanding – diluted

    257,255,653       133,001,746       208,434,966       167,690,989  

Net loss per share - diluted

  $ (0.01 )   $ (0.04 )   $ (0.03 )   $ (0.03 )
Schedule of outstanding shares of common stock equivalents were excluded from the computation of diluted earnings per share

 

 

 

Three Months

Ended September 30,

(Unaudited)

 

 

Nine Months

Ended September 30,

(Unaudited)

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Stock options

 

 

25,000,678

 

 

 

4,512,715

 

 

 

25,000,678

 

 

 

4,512,715

 

Unvested restricted stock

 

 

 

 

 

1,093,501

 

 

 

 

 

 

1,093,501

 

Common shares underlying convertible debt

 

 

5,215,457

 

 

 

15,000,000

 

 

 

5,215,457

 

 

 

15,000,000

 

Warrants

 

 

145,336,155

 

 

 

57,943,250

 

 

 

22,304,750

 

 

 

144,934,542