Net Loss per Share (Tables)

12 Months Ended

Dec. 31, 2018

Net Loss Per Share

Schedule of earnings per share, basic and diluted

The following table presents a reconciliation of the denominators used in the computation of net loss per share - basic and diluted:

	Year ended December 31,
	2018			2017
Net loss available for stockholders	$	(4,618,388	)	$	(5,059,326	)
Weighted average outstanding shares of common stock		191,539,568			130,188,614
Dilutive effect of stock options and warrants		--			--
Common stock and equivalents		191,539,568			130,188,614
Net loss per share - Basic and diluted	$	(0.02	)	$	(0.04	)

Stock options and warrants outstanding

The following summarizes equity instruments that may, in the future, have a dilutive effect on earnings per share:

	December 31,
	2018		2017
Stock options		4,000,000		4,000,000
Common stock warrants		80,641,440		75,404,803
Common stock issuable		1,144,697		9,320,635
Convertible notes		24,369,057		24,359,499
Convertible preferred stock		3,727,270		4,377,270
Convertible preferred stock issuable		--		--
Total		113,882,464		117,462,207
Total exercisable at December 31		112,737,767		108,141,572