Net loss per common share

6 Months Ended

Jun. 30, 2020

Earnings Per Share [Abstract]

Net loss per common share

15. Net loss per common share

For the three months ended June 30, 2020, the computation of basic and diluted earnings per share is calculated as follows:

			Number of		Per share
	Amount		shares		amount
Basic earnings per share
Net income per share available for common stockholders	$	9,035,228		1,692,997,018	$	0.01
Effect of dilutive securities
Warrants		—		168,969,974
Convertible debt		—		4,812,962,963
Diluted earnings per share
Net income per share available for common stockholders		9,035,228		6,674,929,955		0.00

For the six months ended June 30, 2020 and the three and six months ended June 30, 2019, the following common stock equivalents were excluded from the computation of diluted net loss per share as the results would have been anti-dilutive.

	Six months ended June 30, 2020		Three and six months ended June 30, 2019
Stock options		—		480,000
Warrants to purchase shares of common stock		382,228,047		116,735,061
Convertible notes		4,812,962,963		78,944,078
		5,195,191,010		196,159,169