Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Of Common Stock, Basic And Diluted

v3.10.0.1
Net Loss Per Share Of Common Stock, Basic And Diluted
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
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 six months ended June 30, 2018 and 2017, which includes both classes of participating securities: 
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
Net loss per share, basic and diluted calculation
 
2018

2017
 
2018

2017
Basic and diluted loss per share:
 
 
 
 
 
 
 
 
Net loss
 
$
(6,007,476
)
 
$
(1,798,515
)
 
$
(9,890,319
)

$
(3,759,152
)
 
 
 
 
 
 
 
 
 
Weighted average shares, basic and diluted
 
 
 
 
 
 
 
 
Common stock
 
32,245,281

 
13,265,877

 
31,783,875


11,697,535

Participating warrants
 

 

 



 
 
32,245,281

 
13,265,877

 
31,783,875


11,697,535

Basic and diluted loss per share:
 
 
 
 
 
 
 
 
Common stock
 
$
(0.19
)
 
$
(0.14
)
 
$
(0.31
)

$
(0.32
)
 
 
 
 
 
 
 
 
 

 
The following outstanding securities at June 30, 2018 and 2017 have been excluded from the computation of diluted weighted shares outstanding, as they could have been anti-dilutive: 
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2018
 
2017
 
2018

2017
Stock options
 
4,104,574

2,198,630
 
4,104,574

2,198,630
Warrants on common stock
 
18,986,559

19,001,143
 
18,986,559

19,001,143
Restricted Stock Awards
 
400,000


 
400,000


Underwriters' unit purchase option
 
40,000

40,000
 
40,000

40,000
Convertible preferred shares
 


11,940,000
 


11,940,000