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