Note 16 - Loss Per Common Share

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

1

6

.

Loss

Per Common Share

Basic earnings per share (“EPS”) is computed by dividing earnings (loss) attributable to common shareholders by the weighted average number of common shares outstanding for the periods. Diluted EPS reflects the potential dilution of securities that could share in the earnings.

Options to purchase

19,341,112

shares of common stock at prices ranging from

$0.07

to

$0.38

per share were outstanding at

December 31, 2019,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss. Options to purchase

28,831,170

shares of common stock at prices ranging from

$0.07

to

$0.38

per share were outstanding at

December 31, 2018,

but were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.

Warrants to purchase

10,066,809

shares of common stock, priced at

$0.07

per share, outstanding at each of

December 31, 2019

and

2018

were

not

included in the computation of diluted EPS for the same period as the inclusion would have been antidilutive, given the Company’s net loss.