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Net Loss Per Common Share
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Net Loss Per Common Share

Basic net loss per common share is calculated by dividing the net loss by the weighted average number of outstanding common shares during the period. Diluted net loss per common share includes the weighted average dilutive effect of stock options and warrants. Potential common shares outstanding as of June 30, 2020 and 2019:

 

  

June 30,

2020

 

June 30,

2019

       
Warrants    0    2,000,000 
Options    2,192,000    2,302,000 
     2,192,000    4,302,000 

 

The number of securities not included in the diluted net loss per share for the three and six months ended June 30, 2020 and the three and six months ended June 30, 2019 was 2,192,000 and 4,302,000, respectively, as their effect would have been anti-dilutive due to the net loss in both of the three and six month periods.