Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Significant Accounting Policies Tables

Summary of computation of depreciation

The estimated useful lives of depreciable assets are:

	Estimated Useful Lives (in years)
Office equipment	3	-	5
Furniture & equipment	5	-	7

Summary of computation of basic and diluted net loss per share

Following is the computation of basic and diluted net loss per share for the years ended December 31, 2019 and 2018:

	Years Ended December 31,
	2019			2018
Basic and Diluted EPS Computation
Numerator:
Loss available to common stockholders	$	(3,358,082	)	$	(2,120,841	)
Denominator:
Weighted average number of common shares outstanding		87,237,053			77,748,437
Basic and diluted EPS	$	(0.04	)	$	(0.03	)
The shares listed below were not included in the computation of diluted losses per share because to do so would have been antidilutive for the periods presented:
Stock options		2,317,500			317,500
Warrants		13,106,912			13,346,912
Convertible debt		–			–
Total shares not included in the computation of diluted losses per share		15,424,412			13,664,412