Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per

At March 31, 2020 and 2019, the Company had the following common shares underlying these instruments:

 

    Three Months Ended March 31,  
    2020     2019  
Warrants     1,244,712       340,061  
Preferred Stock Warrants     2,996,713       -  
Stock Options     159,637       103,623  
Preferred Stock     624,412       -  
Convertible Note Payable     -       2,500  
                 
Total Underlying Common Shares     5,025,474       446,184  

Schedule of Earnings Per Share, Basic and Diluted

The following data shows the amounts used in computing loss per share and the effect on income and the weighted average number of shares of dilutive potential common stock for the periods ended March 31, 2020 and 2019:

 

    Three Months Ended March 31  
    2020     2019  
             
Net Loss per Common Share - Basic and Diluted   $ (1.30 )   $ (1.60 )
Loss from continuing                
Operations available to                
Common stockholders (numerator)   $ (1,898,832 )   $ (1,484,112 )
                 
Weighted average number of common shares Outstanding used in loss per share during the Period (denominator)     1,463,627       933,476