Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share (Tables)

v3.19.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Schedule of potentially dilutive securities

    September 30,
2019
    September 30,
2018
 
Stock purchase warrants     3,791,331       3,179,500  
Convertible debt warrants     131,250       536,250  
Options     2,083,000       1,534,000  
Total     6,005,581       5,249,750  

Schedule of weighted average shares basic and dilutive earnings per share
  Three Months Ended     Nine months ended  
    September 30,
2019
    September 30,
2018
    September 30,
2019
    September 30,
2018
 
Net income (loss)   $ 1,049,699     $ (784,573 )   $ 2,341,120     $ (2,668,998 )
Weighted average shares outstanding, basic     35,707,788       25,646,011       31,523,679       22,056,665  
Effect of dilutive common stock equivalents     6,005,581       -       6,005,581       -  
Adjusted weighted average shares outstanding, dilutive     41,713,369       25,646,011       37,529,260       22,056,665  
Basic income (loss) per shares   $ .03     $ (.03 )   $ .07     $ (.12 )
Dilutive income (loss) per share   $ .03     $ (.03 )   $ .06     $ (.12 )