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1. Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Basic and diluted earnings per share

The following table sets forth the calculation of basic and diluted loss per share for the year ended December 31, 2018:

 

   Income
(Numerator)
  Shares
(Denominator)
  Per Share
Amount
Net loss per share - basic         
Net loss  $(3,062,209)   21,249,607   $(.14)
Effect of dilutive securities               
   Options   —      511,260      
   Convertible Notes   213,125    4,333,425      
Diluted net loss per share               
Net loss (1)  $(2,849,084)   26,094,292   $(.14)

 

           (1) Net loss per share is shown the same as basic loss per share because the underlying dilutive

                securities have an anti-dilutive effect.

 

The following table sets forth the calculation of basic and diluted loss per share for the year ended December 31, 2019:

 

   Income
(Numerator)
  Shares
(Denominator)
  Per Share
Amount
Net loss per share - basic         
Net loss  $(378,605)   22,052,859   $(.02)
Effect of dilutive securities               
   Options   —      12,836      
   Convertible Notes   62,500    1,250,000      
Diluted net loss per share               
Net loss (1)  $(316,105)   23,315,695   $(.02)

 

          (1) Net loss per share is shown the same as basic loss per share because the underlying dilutive

               securities have an anti-dilutive effect.

 

The following table sets forth the calculation of basic and diluted loss per share for the year ended December 31, 2020:

 

   Income
(Numerator)
  Shares
(Denominator)
  Per Share
Amount
Net loss per share - basic         
Net loss  $(5,381,946)   22,215,512   $(.24)
Effect of dilutive securities               
   Options   —      —        
   Convertible Notes   62,500    1,250,000      
Diluted net loss per share               
Net loss  $(5,319,446)   23,465,512   $(.24)

 

(1) Net loss per share is shown the same as basic loss per share because the underlying dilutive

               securities have an anti-dilutive effect.