Quarterly report pursuant to Section 13 or 15(d)

Unaudited Net (Loss) Income Per Share (Tables)

v3.10.0.1
Unaudited Net (Loss) Income Per Share (Tables)
9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Summary of Basic and Diluted Net (Loss) Income Per Share

Basic and diluted net (loss) income per share was calculated as follows for the three and nine month periods ended September 30, 2018 and 2017 (unaudited):

 

 

 

For the Three Months Ended

September 30,

 

 

For the Nine Months Ended

September 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Basic and diluted net income (loss) per share

   attributable to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common

   stockholders

 

$

1,281,290

 

 

$

(119,160

)

 

$

(1,015,950

)

 

$

217,296

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

   outstanding - basic

 

 

13,208,864

 

 

 

5,414,637

 

 

 

12,052,175

 

 

 

5,429,997

 

Effect of dilutive securities

 

 

1,340,490

 

 

 

-

 

 

 

-

 

 

 

4,110,493

 

Weighted average common shares

   outstanding - diluted

 

 

14,549,354

 

 

 

5,414,637

 

 

 

12,052,175

 

 

 

9,540,490

 

Net income (loss) per common share attributable

   to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.10

 

 

$

(0.02

)

 

$

(0.08

)

 

$

0.04

 

Diluted

 

$

0.09

 

 

$

(0.02

)

 

$

(0.08

)

 

$

0.02