Net Loss Per Share

6 Months Ended

Jun. 30, 2021

Earnings Per Share [Abstract]

Net Loss Per Share

10. Net Loss Per Share

Basic loss per share is computed using the weighted average number of common shares outstanding at June 30, 2021 and 2020, respectively. Diluted loss per share reflects the potential dilutive effects of common stock equivalents such as options, warrants and convertible securities. Basic and diluted weighted average number of common shares outstanding was 28,037,713 and 28,037,713 for the three and six months ended June 30, 2021 and 2020, respectively.

The following table sets forth the computation of net loss per common share – basic and diluted: 

	Three months ended June 30,						Six months ended June 30,
	2021			2020			2021			2020
Numerator:
Net loss	$	(189,251	)	$	(119,560	)	$	(333,905	)	$	(392,609	)
Denominator
Basic weighted average common shares outstanding		28,037,713			28,037,713			28,037,713			28,037,713
Effect of dilutive securities		-			-			-			-
Diluted weighted average common shares outstanding		28,037,713			28,037,713			28,037,713			28,037,713
Net loss per common share
Basic	$	(0.01	)	$	(0.00	)	$	(0.01	)	$	(0.01	)
Diluted	$	(0.01	)	$	(0.00	)	$	(0.01	)	$	(0.01	)