Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.2
Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of potentially dilutive securities

    June 30,
2019
    June 30,
2018
 
Stock purchase warrants     4,091,296       3,560,000  
Convertible debt warrants     363,750       817,500  
Options     1,530,500       2,084,000  
Total     5,985,546       6,461,500  

Schedule of weighted average shares basic and dilutive earnings per share

    Three Months Ended     Six Months Ended  
    June 30,
2019
    June 30,
2018
    June 30,
2019
    June 30,
2018
 
Net income (loss)   $ 1,062,000     $ (929,959 )   $ 1,291,421     $ (1,883,389 )
Weighted average shares outstanding, basic     30,326,304       21,901,093       29,389,636       20,230,146  
Effect of dilutive common stock equivalents     5,985,546       -       5,985,546       -  
Adjusted weighted average shares outstanding, dilutive     36,311,850       21,901,093       35,375,182       20,230,146  
Basic income (loss) per shares   $ .04     $ (.04 )   $ .04     $ (.09 )
Dilutive income (loss) per share   $ .03     $ (.04 )   $ .04     $ (.09 )