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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the three months ended March 31, 2019 and 2018
 
Three Months Ended March 31,
 
 
2019
 
2018
 
 
 
 
 
 
Basic Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
$
(5,931,034
)
 
$
(3,455,829
)
 
Denominator:
 
 
 
 
Weighted-average shares outstanding
40,195,925

 
33,063,732

 
Basic earnings per share
$
(0.15
)
 
$
(0.10
)
 
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
$
(5,931,034
)
 
$
(3,455,829
)
 
Denominator:
 
 
 
 
Weighted-average shares outstanding
40,195,925

 
33,063,732

 
Effect of dilutive securities
 
 
 
 
Stock options and warrants

 

 
Preferred Stock A

 

 
Diluted weighted-average shares outstanding
40,195,925

 
33,063,732

 
Diluted earnings (loss) per share
$
(0.15
)
 
$
(0.10
)