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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Basic and Diluted Earnings Per Share
The following is a reconciliation of the numerator and denominator for basic and diluted earnings per share for the years ended December 31, 2018 and 2017:
 
 
2018
 
2017
Basic loss per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
 
$
(8,037,304
)
 
$
(11,824,602
)
Denominator:
 
 

 
 

Weighted-average common shares outstanding
 
35,411,264

 
32,653,402

Basic loss per share
 
$
(0.23
)
 
$
(0.36
)
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
 
$
(8,037,304
)
 
$
(11,824,602
)
Denominator:
 
 

 
 

Weighted-average shares outstanding
 
35,411,264

 
32,653,402

Effect of dilutive securities
 
 
 
 
Stock options and warrants
 

 

Preferred stock
 

 

Diluted weighted-average shares outstanding
 
35,411,264

 
32,653,402

Diluted loss per share
 
$
(0.23
)
 
$
(0.36
)