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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Basic and Dilutive Net Loss per Share Computations

The following is a reconciliation of the numerators and denominators of the basic and diluted net loss per share computations:

 

     2016      2015  

Net loss

   $ (9,561,405    $ (9,350,701

Weighted average shares outstanding used to compute basic and diluted net income or loss per share

     9,805,478         5,768,331   

Basic and diluted net loss per share

   $ (0.98    $ (1.62

Schedule of Anti-dilutive Securities

The following outstanding potentially dilutive securities were excluded from the computation of diluted net income or loss per share because the effect would have been anti-dilutive as of March 31:

 

     2016      2015  

Options

     155,831         23,020   

Restricted stock units

     810,946         832,044   

Warrants

     6,883,814         1,956,516   
  

 

 

    

 

 

 

Total

     7,850,591         2,811,580