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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2019 and 2018: 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net loss available to common shareholders
$
(3,911,581
)
 
$
(4,635,372
)
 
$
(11,215,851
)
 
$
(6,652,027
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding
41,376,335

 
35,144,113

 
40,626,700

 
33,843,721

Basic loss per share
$
(0.09
)
 
$
(0.13
)
 
$
(0.28
)
 
$
(0.20
)
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net loss available to common shareholders
$
(3,911,581
)
 
$
(4,635,372
)
 
$
(11,215,851
)

$
(6,652,027
)
Denominator:
 
 
 
 
 
 
 
Weighted-average shares outstanding
41,376,335

 
35,144,113

 
40,626,700

 
33,843,721

Effect of dilutive securities
 
 
 
 
 
 
 
Stock options and warrants
—

 
—

 
—

 
—

Preferred stock
—

 
—

 
—

 
—

Diluted weighted-average shares outstanding
41,376,335

 
35,144,113

 
40,626,700

 
33,843,721

Diluted loss per share
$
(0.09
)
 
$
(0.13
)
 
$
(0.28
)
 
$
(0.20
)