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Significant Accounting Policies - 10-Q (Tables)
9 Months Ended
Sep. 30, 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 September 30, 

 

Nine Months Ended September 30, 

 

 

    

2016

 

2015

    

2016

 

2015

    

Net loss

 

$

(7,854,693)

 

$

(7,168,071)

 

$

(23,481,241)

 

$

(3,887,795)

 

Basic and diluted net loss per common share

 

$

(0.34)

 

$

(0.38)

 

$

(1.14)

 

$

(0.20)

 

Basic and diluted weighted average common shares outstanding

 

 

23,049,347

 

 

19,025,623

 

 

20,638,129

 

 

18,999,705

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Potentially Dilutive Securities Outstanding

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

 

    

2016

    

2015

    

2016

    

2015

    

Warrants

 

555,412

 

590,595

 

555,412

 

590,595

 

Stock options and restricted stock units

 

2,815,166

 

2,250,008

 

2,815,166

 

2,250,008