Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.19.2
NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
13 NET LOSS PER SHARE

 

Basic loss per share is based on the weighted-average number of common shares outstanding during each period. Diluted loss per share is based on basic shares as determined above plus common stock equivalents. The computation of diluted net loss per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share. For the three and six months ended June 30, 2019 and 2018, all convertible debt and warrants, were excluded from the computation of diluted net loss per share.

 

Dilutive shares which could exist pursuant to the exercise of outstanding stock instruments and which were not included in the calculation because their effect would have been anti-dilutive are as follows:

 

    Three
Months and six months ended
June 30,
2019
(Shares)
    Three
Months and six months ended
June 30,
2018
(Shares)
 
             
Convertible debt     433,007,492       5,828,930  
Stock Options     2,000,000        
Warrants     8,527,713       8,527,713  
      443,535,205       14,356,643