NET LOSS PER SHARE

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

NET LOSS PER SHARE

12 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 nine months ended September 30, 2020 and 2019 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 and nine months ended September 30, 2020 and 2019 are as follows:

	Three and nine  months ended September 30, 2020 (Shares)		Three and nine  months ended September 30, 2019 (Shares)
Convertible debt		43,659,481		54,292,074
Stock options		100,000		200,000
Warrants to purchase shares of common stock		42,659,520		852,775
		86,419,001		55,344,849