NOTE 12. NET INCOME (LOSS) PER SHARE OF COMMON STOCK (Tables)

9 Months Ended

Sep. 30, 2019

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following is a reconciliation of the numerator and denominator of the basic and diluted earnings per share computations for the three and nine-month period ended September 30, 2019 and 2018:

		Nine-month period ended September 30,					Three-month period ended September 30,
		2019			2018		2019			2018
Net income (loss)	$	(7,113,493)		$	(2,243,387)	$	1,808,517		$	(1,102,505)
Weighted average shares used for basic earnings per share	1,176,847,590			1,005,198,351		1,343,286,588			1,010,330,434
Incremental diluted shares	-		*	-		-		2,193,943,809	-		*
Weighted average shares used for diluted earnings per share	1,176,847,590			1,005,198,351		3,537,230,397			1,010,330,434
Net income (loss) per share:
Basic	$	(0.01)		$	(0.00)	$	0.00		$	(0.00)
Diluted	$	(0.01)		$	(0.00)	$	0.00		$	(0.00)

*The shares associated with convertible debt, preferred stock, stock options and stock warrants are not included because the inclusion would be anti-dilutive (i.e., reduce the net loss per common share).