Note 8 - Loss Per Share

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

8

- LOSS PER SHARE

The following table presents the shares used in the basic and diluted loss per common share computations: 

	Three Months Ended March 31,
	2021			2020
Numerator:
Net loss attributable to common shareholders per common share: basic and diluted calculation	$	(3,888,713	)	$	(4,529,317	)
Denominator:
Weighted average common shares outstanding-basic		36,513,300			4,886,328
Effect of diluted stock options, warrants, and preferred stock (1)		-			-
Weighted average common shares outstanding - diluted		36,513,300			4,886,328
Loss per common share-basic and diluted	$	(0.11	)	$	(0.93	)

( 1 ) The following is a summary of the number of underlying shares outstanding at the end of the respective periods that have been excluded from the diluted calculations because the effect on loss per common share would have been anti-dilutive:

	Three Months ended March 31,
	2021		2020
Options		1,006,419		794,038
Warrants		15,062,139		5,663,594
Convertible debt		-		378,000
Preferred stock: series B		7,925		7,925
Preferred stock: series D		-		350,000
Preferred stock: series E		-		691,159