Annual report pursuant to Section 13 and 15(d)

Net Loss Per Share

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Net Loss Per Share
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Net Loss per Share

Note 10. Net Loss Per Share


Basic net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock outstanding during each period. Diluted net loss per share is computed by dividing net loss for the period by the weighted average shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period. The Company uses the treasury stock method to determine whether there is a dilutive effect of outstanding option grants.


The following securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:


   

For the years ended December 31,

 
    2020     2019  
Stock options     118,388       338,595  
Warrants     672,459       1,311,916  
Total common stock equivalents     790,847       1,650,511