Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.20.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2020
Accounting Policies [Abstract]  
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per

At June 30, 2020 and 2019, the Company had the following common shares underlying these instruments:

 

    Six Months Ended June 30,  
    2020     2019  
Warrants     1,845,722       362,061  
Preferred Stock Warrants     2,147,277       -  
Stock Options     486,720       110,820  
Preferred Stock     61,651       -  
Convertible Note Payable     -       2,500  
                 
Total Underlying Common Shares     4,541,370       475,381  

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 June 30, 2020 and 2019:

 

    Three Months Ended June 30     Six Months Ended June 30  
    2020     2019     2020     2019  
                         
Net Loss per Common Share - Basic and Diluted   $ (0.49 )   $ (1.50 )     (1.48 )   $ (3.10 )
Loss from continuing                                
Operations available to Common stockholders (numerator)   $ (1,601,518 )   $ (1,593,491 )     (3,500,350 )   $ (3,077,603 )
                                 
Weighted average number of common shares Outstanding used in loss per share during the Period (denominator)     3,256,098       1,077,759       2,359,862       1,006,381