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Significant Accounting Policies (Policies)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Earnings Per Share, Policy [Policy Text Block]
Loss per Share
 
Net loss per common share is computed pursuant to ASC
260
-
10
-
45.
Basic loss per share is computed based on the weighted average number of common shares outstanding during the period. Diluted net loss per share is calculated by dividing net loss by the diluted weighted average common shares outstanding, which includes the effect of potentially dilutive securities. During periods when there is a net loss, all potentially dilutive shares are anti-dilutive and are excluded from the calculation of net loss per share. Diluted earnings per share is similarly computed except that the denominator includes the effect, using the treasury stock method, of unvested restricted stock and convertible notes, if including such potential shares of common stock is dilutive. For the
three
-months ended
March 31, 2020
and
2019,
the common stock equivalents of the convertible note agreements were
not
included in diluted earnings per share computations because their effect was antidilutive.
Compensation Related Costs, Policy [Policy Text Block]
Share Purchase Agreement
 
On
May 19, 2020
AstralENERGY Solar Manufacturing Corporation, LTD and the Company entered into a Termination and Release Agreement (the “Termination Agreement”) pursuant to which they mutually terminated the Share Purchase Agreement they previously entered into on
July 31, 2018.
No
compensation was paid by either party pursuant to the Termination Agreement and each party agreed that as of the date of entry into the Termination Agreement, that neither party shall have any rights or obligations with respect to the Share Purchase Agreement.
FINRA Filing Policy [Policy Text Block]
FINRA Filing
 
On
January 27, 2020,
a market maker filed a Form
211
Application with the Financial Industry Regulatory Authority ("FINRA") to request permission to quote and trade the securities of CEN Biotech, Inc. on OTC Markets. However, there can be
no
assurance that FINRA will approve the Form
211
Application. As of
June 12, 2020,
the application has
not
been approved.
New Accounting Pronouncements, Policy [Policy Text Block]
Recently Adopted Accounting Pronouncements
 
No
pronouncements were adopted by the Company during the quarter ended
March 31, 2020.
 
Recent Accounting Pronouncements
Not
Yet Adopted
 
No
upcoming pronouncements are noted that will materially impact the Company.