Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share

v3.21.1
Net Loss Per Share
9 Months Ended
Sep. 30, 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 three months ended     For the nine months ended  
    September 30,     September 30,  
    2020     2019     2020     2019  
Stock options     173,041       188,595       173,041       188,595  
Warrants     642,270       1,311,916       642,270       1,311,916  
Total common stock equivalents     815,311       1,500,511       815,311       1,500,511