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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2019
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 three months ended March 31, 2019 and 2018: 
 
Three Months Ended March 31,
 
 
2019
 
2018
 
 
 
 
 
 
Basic Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
$
(5,931,034
)
 
$
(3,455,829
)
 
Denominator:
 
 
 
 
Weighted-average shares outstanding
40,195,925

 
33,063,732

 
Basic earnings per share
$
(0.15
)
 
$
(0.10
)
 
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
$
(5,931,034
)
 
$
(3,455,829
)
 
Denominator:
 
 
 
 
Weighted-average shares outstanding
40,195,925

 
33,063,732

 
Effect of dilutive securities
 
 
 
 
Stock options and warrants
—

 
—

 
Preferred Stock A
—

 
—

 
Diluted weighted-average shares outstanding
40,195,925

 
33,063,732

 
Diluted earnings (loss) per share
$
(0.15
)
 
$
(0.10
)