Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share of Common Stock

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Net Loss Per Share of Common Stock
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Net Loss Per Share of Common Stock

6. Net Loss Per Share of Common Stock

Diluted net loss per share is the same as basic net loss per share for all periods presented because the effects of potentially dilutive items were anti-dilutive given the Company’s net loss. Basic net loss per share is computed by dividing net loss by the weighted-average number of shares of common stock outstanding.

 

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

 

     Three Months Ended March 31,  
     2018      2017  

Net loss

   $ (19,106,481    $ (6,348,164

Weighted average shares of common stock outstanding

     73,656,534        41,656,006  
  

 

 

    

 

 

 

Net loss per share of common stock—basic and diluted

   $ (0.26    $ (0.15
  

 

 

    

 

 

 

The following potentially dilutive securities outstanding at March 31, 2018 and 2017 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:

 

     March 31,  
     2018      2017  

Options to purchase common stock

     7,475,106        5,907,782  

Warrants to purchase common stock

     36,267,603        20,334,442  
  

 

 

    

 

 

 

Total

     43,742,709        26,242,224