Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Significant Accounting Policies Tables

Summary of estimated useful lives of depreciable assets

The estimated useful lives of depreciable assets are:

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

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, 2020 and 2019:

	Years Ended December 31,
	2020			2019
Basic and Diluted EPS Computation
Numerator:
Loss available to common stockholders	$	(9,548,336	)	$	(3,358,082	)
Denominator:
Weighted average number of common shares outstanding		87,352,364			87,237,053
Basic and diluted EPS	$	(0.11	)	$	(0.04	)
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		5,895,570			2,317,500
Warrants		12,296,912			13,106,912
Total shares not included in the computation of diluted losses per share		18,192,482			15,424,412