Quarterly report pursuant to Section 13 or 15(d)

Net (Loss) Income Per Share of Common Stock (Tables)

v3.20.2
Net (Loss) Income Per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted income (Loss) Per Share for Common Stockholders
The following table sets forth the computation of basic and diluted net (loss) income per share for common stockholders:
 
    
Three Months Ended June 30,
    
Six Months Ended June 30,
 
    
2020
    
2019
    
2020
    
2019
 
Net (loss) income
   $ (17,617,236    $ (8,666,906    $ (25,195,722    $ 2,920,109  
Shares used in computing basic net (loss) income per share
     19,991,894        7,940,931        17,661,968        7,940,931  
  
 
 
    
 
 
    
 
 
    
 
 
 
Basic net (loss) income per share
   $ (0.88    $ (1.09    $ (1.43    $ 0.37  
  
 
 
    
 
 
    
 
 
    
 
 
 
Shares used in computing diluted net (loss) income per share
     19,991,894        7,940,931        17,661,968        7,945,768  
  
 
 
    
 
 
    
 
 
    
 
 
 
Diluted net (loss) income per share
   $ (0.88    $ (1.09    $ (1.43    $ 0.37  
  
 
 
    
 
 
    
 
 
    
 
 
 
Schedule of Antidilutive Securities Excluded from Computation of Diluted Weighted Average Shares Outstanding
The following table sets forth the potentially dilutive securities outstanding for the three and six months ended June 30, 2020 and 2019 that were excluded from the computation of diluted weighted average shares outstanding:
 
    
Three Months Ended June 30,
    
Six Months Ended June 30,
 
    
2020
    
2019
    
2020
    
2019
 
Options to purchase common stock
     1,917,649        1,236,499        1,917,649        1,231,662  
Warrants to purchase common stock
     12,360,430        3,057,232        12,360,430        3,057,232  
  
 
 
    
 
 
    
 
 
    
 
 
 
Total
     14,278,079        4,293,731        14,278,079        4,288,894