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)
6 Months Ended
Jun. 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 six month periods ended June 30, 2018 and 2017 (unaudited):

 

 

 

For The Three Month Periods

ended June 30,

 

 

For The Six Month Periods

ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Basic and diluted net (loss) income per share

   attributable to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to common

   stockholders

 

$

(1,502,822

)

 

$

257,310

 

 

$

(2,297,240

)

 

$

336,457

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares

   outstanding - basic

 

 

12,773,419

 

 

 

5,414,637

 

 

 

11,464,246

 

 

 

5,394,777

 

Effect of dilutive securities

 

 

-

 

 

 

4,247,874

 

 

 

-

 

 

 

4,247,875

 

Weighted average common shares

   outstanding - diluted

 

 

12,773,419

 

 

 

9,662,511

 

 

 

11,464,246

 

 

 

9,642,652

 

Net (loss) income per common share attributable

   to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.12

)

 

$

0.05

 

 

$

(0.20

)

 

$

0.06

 

Diluted

 

$

(0.12

)

 

$

0.03

 

 

$

(0.20

)

 

$

0.03