Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share Of Common Stock, Basic And Diluted (Tables)

v3.7.0.1
Net Loss Per Share Of Common Stock, Basic And Diluted (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of the computation of basic and diluted net loss per share of Common Stock
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, 2017 and 2016:
 
 
Three Months Ended
 
 
March 31,
Net loss per share, basic and diluted calculation:
 
2017
 
2016
Net loss
 
$
(1,960,638
)
 
$
(5,140,013
)
Weighted-average common shares outstanding
 
10,216,014

 
8,650,143

Net loss per share, basic and diluted
 
$
(0.19
)
 
$
(0.59
)
Schedule of anti-dilutive securities excluded from computation of diluted weighted shares outstanding
The following outstanding securities at March 31, 2017 and 2016 have been excluded from the computation of diluted weighted-average shares outstanding, as they would have been anti‑dilutive:
 
 
March 31,
2017
 
March 31,
2016
Stock options
 
2,067,095

 
1,450,952

Warrants on common stock
 
7,400,934

 
7,400,934

Underwriters' unit purchase option
 
40,000

 
40,000