General form of registration statement for all companies including face-amount certificate companies

Net Loss Per Share (Tables)

v3.21.1
Net Loss Per Share (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]    
Summary of Calculation of Basic and Diluted Net Loss Per Share applicable to Common Stockholders

The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders:

 

     Three Months Ended
March 31,
 
     2021      2020  

Numerator:

     

Net loss

   $ (2,637,068    $ (547,440
  

 

 

    

 

 

 

Denominator:

     

Weighted-average number of common shares outstanding – basic and diluted

     10,053,949        8,181,734  
  

 

 

    

 

 

 

Net loss per share applicable to common stockholders – basic and diluted

   $ (0.26    $ (0.07
  

 

 

    

 

 

 

The following table presents the calculation of basic and diluted net loss per share applicable to common stockholders:

 

     Year ended December 31,  
     2002      2019  

Numerator:

     

Net loss

   $ (2,847,894    $ (5,722,983
  

 

 

    

 

 

 

Denominator:

     

Weighted-average number of common shares outstanding - basic and diluted

     8,212,581        8,180,937  
  

 

 

    

 

 

 

Net loss per share applicable to common stockholders - basic and diluted

   $ (0.35    $ (0.70
  

 

 

    

 

 

 
Summary of Shares Excluded from Calculation of Diluted Net Loss per Share Applicable to Common Stockholders

The following shares were excluded from the calculation of diluted net loss per share applicable to common stockholders, prior to the application of the treasury stock method, because their effect would have been anti-dilutive for the periods presented:

 

     Three Months Ended
March 31,
 
     2021      2020  

Options to purchase shares of stock

     3,665,072        3,369,144  

Warrants to purchase shares of stock

     721,913        474,723  
  

 

 

    

 

 

 

Total

     4,386,985        3,843,867  
  

 

 

    

 

 

 

The following shares were excluded from the calculation of diluted net loss per share applicable to common stockholders, prior to the application of the treasury stock method, because their effect would have been anti-dilutive for the periods presented:

 

     Year ended December 31,  
     2020      2019  

Options to purchase shares of stock

     3,596,444        3,369,144  

Warrants to purchase shares of stock

     721,913        474,723  
  

 

 

    

 

 

 

Total

     4,318,357        3,843,867