Quarterly report pursuant to Section 13 or 15(d)

Loss Per Share

Loss Per Share
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Loss Per Share

Note 11. Loss Per Share


Basic loss per share is computed by dividing the net loss after tax attributable to common stockholders by the weighted average shares outstanding during the period. Diluted loss per share is computed by including potentially dilutive securities outstanding during the period in the calculation of weighted average shares outstanding. The Company did not have any dilutive securities during the periods presented; therefore, diluted loss per share is equal to basic loss per share.  


Presented in the table below is a reconciliation of the numerator and denominator for the basic and diluted loss per share calculations for the quarters ended March 31:


    2021     2020  
Net loss   $ (7,366 )   $ (1,974 )
Basic and diluted weighted average shares outstanding     3,184,106       2,460,463  
Net loss per shares attributable to common stockholder, basic and diluted   $ (2.31 )   $ (0.80 )


The following securities were not included in the computation of diluted shares outstanding as of March 31, 2021 and 2020 because the effect would be anti-dilutive:


    2021     2020  
Series A Preferred Stock     -       4,611,587  
Series B Preferred Stock     -       3,976,364  
Series A Warrants     -       48,714  
Series B Warrants     -       9,943  
Common Stock Warrants     2,301,576       -  
Stock options     2,268,543       478,610  
Total     4,570,119       9,125,218