| Schedule of Earnings Per Share |
The
following table sets forth the computation of the Company’s basic and diluted net loss per share during the years ended
December 31, 2018 and 2017:
| |
|
Year
Ended December 31, |
|
| |
|
2018 |
|
|
2017 |
|
| Numerator |
|
|
|
|
|
|
| Net loss from continuing
operations |
|
$ |
(13,587,512 |
) |
|
$ |
(50,921,024 |
) |
| Deemed dividend
from trigger of down round provision feature |
|
|
(231,843,826 |
) |
|
|
(53,341,619 |
) |
| Net loss attributable
to common stockholders, continuing operations |
|
$ |
(245,431,338 |
) |
|
$ |
(104,262,643 |
) |
| Net loss from
discontinued operations |
|
$ |
(434,843 |
) |
|
$ |
(4,276,918 |
) |
| Net loss available
to common stockholders |
|
$ |
(245,866,181 |
) |
|
$ |
(108,539,561 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator |
|
|
|
|
|
|
|
|
| Basic and diluted
weighted average common shares outstanding |
|
|
10,022,180 |
|
|
|
4,616 |
|
| |
|
|
|
|
|
|
|
|
| Loss per share, basic
and diluted |
|
|
|
|
|
|
|
|
| Basic and diluted,
continuing operations |
|
$ |
(24.49 |
) |
|
$ |
(22,587.23 |
) |
| Basic and diluted,
discontinued operations |
|
$ |
(0.04 |
) |
|
$ |
(926.54 |
) |
| Total basic and
diluted |
|
$ |
(24.53 |
) |
|
$ |
(23,513.77 |
) |
|
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
Diluted
loss per share excludes all dilutive potential shares if their effect is anti-dilutive. As of December 31, 2018 and 2017, the
following potential common stock equivalents were excluded from the calculation of diluted loss per share as their effect was
anti-dilutive:
| |
|
Year
Ended December 31, |
|
| |
|
2018 |
|
|
2017 |
|
| Warrants |
|
|
53,130,510,439 |
|
|
|
4,352,806 |
|
| Convertible preferred stock |
|
|
7,863,880,588 |
|
|
|
359,563 |
|
| Convertible debentures |
|
|
2,179,779,002 |
|
|
|
653,839 |
|
| Stock options |
|
|
77 |
|
|
|
77 |
|
| |
|
|
63,174,170,106 |
|
|
|
5,366,285 |
|
|