Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Of Common Stock, Basic And Diluted

Net Loss Per Share Of Common Stock, Basic And Diluted

3 Months Ended

Mar. 31, 2018

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 months ended March 31, 2018 and 2017, which includes both classes of participating securities:



	Three Months Ended
	March 31,
Net loss per share, basic and diluted calculation	2018			2017
Basic and diluted loss per share:
Net loss	$	(3,882,847	)	$	(1,960,638	)

Weighted average shares, basic and diluted
Common stock	31,316,246			10,216,014
Participating warrants	—			—
	31,316,246			10,216,014
Basic and diluted loss per share:
Common stock	$	(0.12	)	$	(0.19	)

The following outstanding securities at March 31, 2018 and 2017 have been excluded from the computation of diluted weighted shares outstanding, as they could have been anti-dilutive:



	Three Months Ended
	March 31,
	2018	2017
Stock options	3,909,384	2,067,095
Warrants on common stock	18,986,659	7,400,934
Underwriters' unit purchase option	40,000	40,000