| 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, 2019 and 2018:
| |
|
Year Ended December 31, |
|
| |
|
2019 |
|
|
2018 |
|
| Numerator |
|
|
|
|
|
|
| Net loss from continuing operations |
|
$ |
(47,256,310 |
) |
|
$ |
(13,587,512 |
) |
| Deemed dividend from trigger of down round provision feature |
|
|
(123,861,587 |
) |
|
|
(231,843,826 |
) |
| Net loss available to common shareholders, continuing operations |
|
$ |
(171,117,897 |
) |
|
$ |
(245,431,338 |
) |
| Net loss from discontinued operations |
|
$ |
(777,511 |
) |
|
$ |
(434,843 |
) |
| Net loss available to common shareholders |
|
$ |
(171,895,408 |
) |
|
$ |
(245,866,181 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator |
|
|
|
|
|
|
|
|
| Basic and diluted weighted average common shares outstanding |
|
|
5,585,772,738 |
|
|
|
10,022,180 |
|
| |
|
|
|
|
|
|
|
|
| Loss per share, basic and diluted |
|
|
|
|
|
|
|
|
| Basic and diluted, continuing operations |
|
$ |
(0.03 |
) |
|
$ |
(24.49 |
) |
| Basic and diluted, discontinued operations |
|
$ |
(0.00 |
) |
|
$ |
(0.04 |
) |
| Total basic and diluted |
|
$ |
(0.03 |
) |
|
$ |
(24.53 |
) |
|
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
As of December 31, 2019 and 2018, 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, |
|
| |
|
2019 |
|
|
2018 |
|
| Warrants |
|
|
634,525,355,377 |
|
|
|
53,130,510,439 |
|
| Convertible preferred stock |
|
|
79,122,373,825 |
|
|
|
7,863,880,588 |
|
| Convertible debt |
|
|
30,634,784,339 |
|
|
|
2,179,779,002 |
|
| Stock options |
|
|
68 |
|
|
|
77 |
|
| |
|
|
744,282,513,609 |
|
|
|
63,174,170,106 |
|
|