Quarterly report pursuant to Section 13 or 15(d)

Weighted-Average Shares

v3.20.1
Weighted-Average Shares
 3 Months Ended
Mar. 31, 2020
Weighted-Average Shares  
Weighted-Average Shares

12. Weighted-Average Shares

The Company calculated weighted-average shares as follows:

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

    

2020

    

2019

Weighted-Average Shares Outstanding- Basic

 

4,524,738

 

2,917,502

Warrants (in the money)

 

 —

 

604,784

Preferred Stock (common equivalent)

 

 —

 

852,500

Restricted Stock Awards (non-vested)

 

 —

 

120,944

Weighted-Average Shares Outstanding- Diluted

 

4,524,738

 

4,495,730

 

For the three months ended March 31, 2020, no effect has been given to the shares of common stock issuable upon the conversion or exercise of dilutive securities, as the Company’s net loss would make the effect anti-dilutive.