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NET LOSS PER SHARE
3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Earnings Per Share [Abstract]    
NET LOSS PER SHARE
11 NET LOSS PER SHARE

 

Basic loss per share is based on the weighted-average number of common shares outstanding during each period. Diluted loss per share is based on basic shares as determined above plus common stock equivalents. The computation of diluted net loss per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share. For the years ended December 31, 2019 and 2018 all warrants, options and convertible debt securities were excluded from the computation of diluted net loss per share.

 

Dilutive shares which could exist pursuant to the exercise of outstanding stock instruments and which were not included in the calculation because their affect would have been anti-dilutive for the three months ended March 31, 2020 and 2019 are as follows:

 

   Three  months ended
March 31, 
2020
(Shares)
   Three  months ended March 31, 
2019
(Shares)
 
         
Convertible debt   44,283,120    19,618,283 
Stock options   100,000    200,000 
Warrants to purchase shares of common stock   1,852,775    852,775 
    46,235,895    8,843,970 
13 NET LOSS PER SHARE

 

Basic loss per share is based on the weighted-average number of common shares outstanding during each period. Diluted loss per share is based on basic shares as determined above plus common stock equivalents. The computation of diluted net loss per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share. For the years ended December 31, 2019 and 2018 all warrants options and convertible debt securities were excluded from the computation of diluted net loss per share.

 

Dilutive shares which could exist pursuant to the exercise of outstanding stock instruments and which were not included in the calculation because their affect would have been anti-dilutive for the years ended December 31, 2019 and 2018 are as follows:

 

   Year ended
December 31, 
2019
(Shares)
   Year ended
December 31, 
2018
(Shares)
 
         
Convertible debt   28,557,283    7,791,195 
Stock options   100,000    200,000 
Warrants to purchase shares of common stock   852,775    852,775 
    29,510,058    8,843,970