Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share (Tables)

v3.20.2
Loss Per Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
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 three months ended March 31, 2020 and 2019:

 

    Three Months Ended March 31,  
    2020     2019  
Numerator            
Net loss from continuing operations   $ (5,752,003 )   $ (12,932,795 )
Deemed dividends from trigger of down round provision feature     -       (123,861,587 )
Net loss attributable to common stockholders, continuing operations   $ (5,752,003 )   $ (136,794,382 )
Net loss from discontinued operations     (39,775 )     (508,609 )
Net loss available to common stockholders   $ (5,791,778 )   $ (137,302,991 )
                 
Denominator                
Basic and diluted weighted average common shares outstanding     9,813,222,489       1,404,610,862  
                 
Loss per share, basic and diluted                
Basic and diluted, continuing operations   $ (0.00 )   $ (0.10 )
Basic and diluted, discontinued operations   $ (0.00 )   $ (0.00 )
Total basic and diluted   $ (0.00 )   $ (0.10 )
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

As of March 31, 2020 and 2019, the following potential common stock equivalents were excluded from the calculation of diluted loss per share as their effect was anti-dilutive:

 

    Three Months Ended March 31,  
    2020     2019  
Warrants     634,585,355,375       634,585,355,377  
Convertible preferred stock     78,872,373,825       87,902,722,060  
Convertible debentures     30,634,784,339       30,570,395,193  
Stock options     68       77  
      744,092,513,607       753,058,472,707