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Net Income (Loss) per Share (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) per Share Attributable to Common Stockholders

The computation of basic and diluted net income (loss) per share attributable to common stockholders is as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

(Unaudited)

 

 

(Unaudited)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Net income (loss) applicable to common stockholders

$

1,209,003

 

 

$

27,102

 

 

$

977,336

 

 

$

(136,650

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Weighted average common shares outstanding, basic

 

15,464,604

 

 

 

15,339,743

 

 

 

15,430,653

 

 

 

15,334,397

 

     Effect of dilutive common shares

 

3,214

 

 

 

22,663

 

 

 

10,250

 

 

 

 

     Weighted average common shares outstanding, diluted

 

15,467,818

 

 

 

15,362,406

 

 

 

15,440,903

 

 

 

15,334,397

 

Net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

$

0.08

 

 

$

0.00

 

 

$

0.06

 

 

$

(0.01

)

Diluted

$

0.08

 

 

$

0.00

 

 

$

0.06

 

 

$

(0.01

)

Anti-dilutive securities excluded from diluted net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

3,342,833

 

 

 

2,690,293

 

 

 

3,346,047

 

 

 

2,712,956

 

Warrants

 

521,060

 

 

 

1,733,565

 

 

 

521,060

 

 

 

1,733,565

 

Total anti-dilutive securities excluded from net income (loss) per share

 

3,863,893

 

 

 

4,423,858

 

 

 

3,867,107

 

 

 

4,446,521