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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2018
EARNINGS (LOSS) PER SHARE [Abstract]  
EARNINGS (LOSS) PER SHARE
12.
EARNINGS (LOSS) PER SHARE

Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.

All figures in USD except number of shares and earnings (loss) per common share
 
2018
  
2017
  
2016
 
Numerator:
         
Net Loss
  
(95,306
)
  
(204,969
)
  
(4,456
)
Denominator:
            
Basic - Weighted Average Common Shares Outstanding
  
141,969,666
   
103,832,680
   
92,531,001
 
Dilutive – Weighted Average Common Shares Outstanding
  
141,969,666
   
103,832,680
   
92,531,001
 
Loss per Common Share:
            
Basic
  
(0.67
)
  
(1.97
)
  
(0.05
)
Diluted
  
(0.67
)
  
(1.97
)
  
(0.05
)

On March 29, 2019, the Company launched an At-the-Market Offering of our common shares for up to $40.0 million. It is discretionary for the Company to issue shares under the arrangement that based on the share price of the Company of $2.10 per share as of April 10, 2019 would have resulted in 19,047,619 new shares being issued, if fully utilizing the At-the-Market Offering.