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Loss Per Common Share
12 Months Ended
Dec. 31, 2019
Loss Per Common Share  
Loss Per Common Share

Note 17.  Loss Per Common Share

 

 

 

 

 

 

 

 

    

2019

    

2018

Net loss attributable to IDEX common stockholders

 

$

(98,507,524)

 

$

(27,426,356)

Basic

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

 

119,766,859

 

 

78,386,116

Diluted

 

 

  

 

 

  

Diluted weighted average common shares outstanding

 

 

119,766,859

 

 

78,386,116

Net loss per share:

 

 

  

 

 

  

Basic

 

$

(0.82)

 

$

(0.35)

Diluted

 

$

(0.82)

 

$

(0.35)

 

Basic loss per common share attributable to our shareholders is calculated by dividing the net loss attributable to our shareholders by the weighted average number of outstanding common shares during the period.

Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted net loss per share equals basic net loss per share because the effect of securities convertible into common shares is anti-dilutive.

The following table includes the number of shares that may be dilutive potential common shares in the future. The holders of these shares do not have a contractual obligation to share in our losses and thus these shares were not included in the computation of diluted loss per share because the effect was either antidilutive.

 

 

 

 

 

 

    

December 31, 

    

December 31, 

 

 

2019

 

2018

Warrants

 

8,995,906

 

60,000

Options

 

14,936,726

 

1,706,431

Series A Preferred Stock

 

933,333

 

933,333

DBOT Contingent Shares

 

8,501,313

 

 

Convertible promissory note and interest

 

21,678,482

 

10,407,233

Total

 

55,045,760

 

13,106,997