Quarterly report pursuant to Section 13 or 15(d)

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

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

6 Months Ended

Jun. 30, 2018

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 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	)

Schedule of anti-dilutive securities excluded from computation of diluted weighted shares outstanding

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