Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss ) Per Share

v3.19.3
Net Income (Loss ) Per Share
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Net Income (Loss) Per Share

NOTE 13 – NET INCOME (LOSS) PER SHARE

 

Basic and diluted net income (loss) per share was calculated as follows for the three and nine month periods ended September 30, 2019 and 2018:

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Basic and diluted net income (loss) per share attributable

   to common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to common stockholders

 

$

544,901

 

 

$

1,281,290

 

 

$

(1,994,461

)

 

$

(1,015,950

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding -

   basic

 

 

15,777,158

 

 

 

13,208,864

 

 

 

14,825,351

 

 

 

12,052,175

 

Effect of dilutive securities

 

 

613,048

 

 

 

1,340,490

 

 

 

-

 

 

 

-

 

Weighted average common shares outstanding -

   diluted

 

 

16,390,206

 

 

 

14,549,354

 

 

 

14,825,351

 

 

 

12,052,175

 

Net income (loss) per common share attributable to

   common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.03

 

 

$

0.10

 

 

$

(0.13

)

 

$

(0.08

)

Diluted

 

$

0.03

 

 

$

0.09

 

 

$

(0.13

)

 

$

(0.08

)