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Significant Accounting Policies - 10-Q (Tables)
3 Months Ended
Mar. 31, 2016
Net Loss Per Share of Common Stock  
Computation of Basic and Diluted Earnings Per Share

Basic and diluted net loss per common share is computed as follows:

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

    

2016

 

2015

Net loss

 

$

(7,554,978)

 

$

(7,109,129)

Basic and diluted net loss per common share

 

$

(0.40)

 

$

(0.37)

Basic and diluted weighted average common shares outstanding

 

 

19,071,838

 

 

18,961,531

 

 

 

 

 

 

 

 

Potentially Dilutive Securities Outstanding

The following potentially dilutive securities outstanding have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti-dilutive:

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 

 

    

2016

    

2015

Warrants

 

578,687

 

590,595

Stock options and restricted stock units

 

2,755,089

 

2,232,835