Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss ) Per Share (Tables)

v3.19.3
Net Income (Loss ) Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Summary of Basic and Diluted 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

)