XML 59 R30.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule for the calculations of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

    

2019

    

2018

    

2019

    

2018

Net Income (loss)

 

$

(7,219,215)

 

$

5,801,220

 

$

(12,610,083)

 

$

32,460,894

Less: decrease (increase) in fair value of investor warrants

 

 

 —

 

 

(7,744,708)

 

 

 —

 

 

(41,110,851)

Income (loss) available to common stockholders

 

$

(7,219,215)

 

$

(1,943,488)

 

$

(12,610,083)

 

$

(8,649,957)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted-average common shares outstanding

 

 

142,207,862

 

 

96,930,270

 

 

122,895,080

 

 

88,782,837

Add: dilutive effect of equity instruments

 

 

 —

 

 

18,415,848

 

 

 —

 

 

22,587,902

Diluted weighted-average shares outstanding

 

 

142,207,862

 

 

115,346,118

 

 

122,895,080

 

 

111,370,739

Earnings per share - basic

 

$

(0.05)

 

$

0.06

 

$

(0.10)

 

$

0.37

Earnings per share - diluted

 

$

(0.05)

 

$

(0.02)

 

$

(0.10)

 

$

(0.08)