Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Of Common Stock, Basic And Diluted

v3.5.0.2
Net Loss Per Share Of Common Stock, Basic And Diluted
9 Months Ended
Sep. 30, 2016
NET LOSS PER SHARE OF COMMON STOCK, BASIC AND DILUTED  
NET LOSS PER SHARE OF COMMON STOCK, BASIC AND DILUTED

3. Net Loss Per Share of Common Stock, Basic and Diluted

 

The following table sets forth the computation of basic and diluted net loss per share of common stock for the three and nine months ended September 30, 2016 and 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

Net loss per share, basic and diluted calculation:

 

2016

   

2015

   

2016

   

2015

Net loss

 

$

(6,168,725)

 

$

(691,081)

 

$

(14,832,899)

 

$

(6,841,545)

Weighted-average common shares outstanding

 

 

8,756,393

 

 

649,721

 

 

8,685,818

 

 

649,721

Net loss per share, basic and diluted

 

$

(0.70)

 

$

(1.06)

 

$

(1.71)

 

$

(10.53)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The following outstanding securities at September 30, 2016 and 2015 have been excluded from the computation of diluted weighted-average shares outstanding, as they would have been anti‑dilutive:

 

 

 

 

 

 

 

    

September 30,

    

September 30,

 

 

2016

 

2015

Series A convertible preferred stock

 

 —

 

31,116,391

Series A-1 convertible preferred stock

 

 —

 

9,074,511

Series B convertible preferred stock

 

 —

 

58,948,735

Stock options

 

1,828,441

 

510,884

Warrants on common stock

 

7,400,934

 

681,858

Warrants on preferred stock

 

 —

 

625,208

Investor rights obligation

 

 —

 

53,351,117

Underwriters' unit purchase option

 

40,000

 

 —