XML 52 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net loss per common share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Net loss per common share (Tables)

For the year ended December 31, 2017 the computation of basic and diluted earnings per share is as follows:

 

   Amount   Number of shares   Per share amount 
         
Basic earnings per share               
Net loss per share from continuing operations  $(8,190,376)   107,352,184   $(0.08)
Net income per share from discontinued operations   6,821,889    107,352,184    0.06 
                
Basic income per share   (1,368,487)   107,352,184    (0.02)
                
Effect of dilutive securities               
                
Warrants       11,135,388      
Convertible debt       30,314,208      
                
Diluted earnings per share               
Net loss per share from continuing operations   (8,190,376)   148,801,780    (0.06)
Net income per share from discontinued operations   6,821,889    148,801,780    0.05 
                
   $(1,368,487)   148,801,780   $(0.01)

 

 

For the year ended December 31, 2016, the following options and warrants were excluded from the computation of diluted net loss per share as the results would have been anti-dilutive.

 

   Year ended December 31, 2016 
     
Stock options  $480,000 
Warrants to purchase shares of common stock   19,637,409 
   $20,117,409