Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share of Common Stock (Tables)

v3.7.0.1
Net Loss Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Loss Per Share for Common Stockholders

The following table sets forth the computation of basic and diluted net loss per share for common stockholders:

 

     Three Months Ended June 30,      Six Months Ended June 30,  
     2017      2016      2017      2016  

Net loss

   $ (2,836,887    $ (9,679,022    $ (9,185,052    $ (18,602,184

Weighted average shares of common stock outstanding

     41,656,006        27,497,424        41,656,006        27,490,667  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net loss per share of common stock—basic and diluted

   $ (0.07    $ (0.35    $ (0.22    $ (0.68
  

 

 

    

 

 

    

 

 

    

 

 

 
Schedule of Antidilutive Securities Excluded from Computation of Diluted Weighted Average Shares Outstanding

The following potentially dilutive securities outstanding at June 30, 2017 and 2016 have been excluded from the computation of diluted weighted average shares outstanding, as they would have been anti-dilutive given the Company’s net loss:

 

     June 30,  
     2017      2016  

Options to purchase common stock

     6,036,984        4,689,120  

Warrants to purchase common stock

     20,272,873        13,480,250  
  

 

 

    

 

 

 

Total

     26,309,857        18,169,370