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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Numerator and Denominator for 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, 2019 and 2018:
 
 
2019
 
2018
Basic loss per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
 
$
(11,445,628
)
 
$
(8,037,304
)
Denominator:
 
 

 
 

Weighted-average common shares outstanding
 
40,988,946

 
35,411,264

Basic loss per share
 
$
(0.28
)
 
$
(0.23
)
 
 
 
 
 
Diluted Earnings per Share
 
 
 
 
Numerator:
 
 
 
 
Net loss available to common shareholders
 
$
(11,445,628
)
 
$
(8,037,304
)
Denominator:
 
 

 
 

Weighted-average shares outstanding
 
40,988,946

 
35,411,264

Effect of dilutive securities
 
 
 
 
Stock options and warrants
 
—

 
—

Preferred stock
 
—

 
—

Diluted weighted-average shares outstanding
 
40,988,946

 
35,411,264

Diluted loss per share
 
$
(0.28
)
 
$
(0.23
)