Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2021
Accounting Policies [Abstract]  
Schedule of outstanding shares of common stock equivalents were excluded from the computation of diluted earnings per share The following outstanding shares of common stock equivalents were excluded from the computation of diluted net loss per share of common stock for the periods presented because including them would have been anti-dilutive:
Three Months Ended
September 30, (Unaudited)
Nine Months Ended
September 30, (Unaudited)
2021 2020 2021 2020
Stock options 23,490,000  25,000,678  23,490,000  25,000,678 
Common shares underlying convertible debt 5,303,591  5,215,457  5,303,591  5,215,457 
Warrants 133,945,796  145,336,155  134,917,225  22,304,750 
Schedule of earnings per share, basic and diluted
The computations of basic and diluted net loss per common share are as follows:
Three Months Ended
September 30, (Unaudited)
Nine Months Ended
September 30, (Unaudited)
2021 2020 2021 2020
Basic net loss per share:
Net loss $ (1,824,818) $ (1,296,696) $ (6,009,362) $ (5,058,592)
Weighted average common shares outstanding – basic 413,489,603  256,758,472  376,547,498  207,536,173 
Net loss per share - basic $   $ (0.01) $ (0.02) $ (0.02)
Diluted net loss per share:
Net loss (as adjusted) $ (1,704,980) $ (1,720,835) $ (6,009,362) $ (5,401,484)
Weighted average common shares outstanding – diluted 414,461,032  257,255,653  376,547,498  208,434,966 
Net loss per share - diluted $   $ (0.01) $ (0.02) $ (0.03)