Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table shows the computation of basic and diluted earnings per share:
Three Months Ended September 30, Nine Months Ended September 30,
2019 2018 2019 2018
Net loss $ (11,493,587)   $ (5,485,553)   $ (37,817,959)   $ (18,812,656)  
Deemed dividends —    —    86,207    765,179   
Net loss attributable to common shareholders $ (11,493,587)   $ (5,485,553)   $ (37,904,166)   $ (19,577,835)  
Basic weighted average shares outstanding 66,176,921    46,192,471    63,566,295    46,192,471   
Dilutive effect of options and warrants —    —    —    —   
Diluted weighted average shares outstanding 66,176,921    46,192,471    63,566,295    46,192,471   
Anti-dilutive options and warrants excluded from diluted average shares outstanding 32,917,619    4,558,927    32,917,619    4,558,927