Quarterly report pursuant to Section 13 or 15(d)

Weighted-Average Shares

v3.19.1
Weighted-Average Shares
 3 Months Ended
Mar. 31, 2019
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]  
Weighted Average Shares [Text Block]
12.
Weighted-Average Shares
 
The Company calculated weighted-average shares as follows:
 
 
 
Three Months Ended
March 31,
 
 
 
2019
 
 
2018
 
Weighted-Average Shares Outstanding- Basic
 
 
43,762,539
 
 
 
17,257,255
 
Warrants (in the money)
 
 
9,071,746
 
 
 
-
 
Preferred Stock (common equivalent)
 
 
12,787,500
 
 
 
-
 
Restricted Stock Awards (nonvested)
 
 
1,814,175
 
 
 
-
 
Weighted-Average Shares Outstanding- Diluted
 
 
67,435,960
 
 
 
17,257,255
 
 
For the three months ended March 31, 2018, 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.