Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.19.3
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2019
Accounting Policies [Abstract]  
Schedule of basic and diluted net loss per share
   

Three Months

Ended September 30,

(Unaudited)

   

Nine Months

Ended September 30,

(Unaudited)

 
    2019     2018     2019     2018  
Basic net loss per share:                        
Net loss (as adjusted)   $ (4,931,125 )   $ (2,096,349 )   $ (3,800,227 )   $ (12,972,142 )
Weighted average common shares outstanding – basic     133,001,746       131,445,057       132,885,675       117,434,563  
Net loss per share - basic   $ (0.04 )   $ (0.02 )   $ (0.03 )   $ (0.11 )
                                 
Diluted net loss per share:                                
Net loss (as adjusted)   $ (4,931,125 )   $ (2,096,349 )   $ (5,656,982 )   $ (12,972,142 )
Weighted average common shares outstanding – diluted     133,001,746       131,445,057       167,690,989       117,434,563  
Net loss per share - diluted   $ (0.04 )   $ (0.02 )   $ (0.03 )   $ (0.11 )
Schedule of outstanding shares of common stock equivalents were excluded from the computation of diluted earnings per share

 

 

As of Three Months

Ended September 30,

(Unaudited)

 

 

As of Nine Months

Ended September 30,

(Unaudited)

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Stock options

 

 

4,512,715

 

 

 

1,850,073

 

 

 

4,512,715

 

 

 

1,850,073

 

Unvested restricted stock

 

 

1,093,501

 

 

 

1,918,501

 

 

 

1,093,501

 

 

 

1,918,501

 

Common shares underlying convertible debt

 

 

15,000,000

 

 

 

 

 

 

15,000,000

 

 

 

 

Warrants

 

 

57,943,250

 

 

 

51,055,750

 

 

 

23,137,935

 

 

 

51,055,750