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Net Income (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following tables reconcile the components of the numerator and denominator included in the calculations of diluted income (loss) per share:

Three Months Ended September 30,

2015

2014
Numerator



Net income (loss) attributable to Inovio Pharmaceuticals, Inc.
$
5,594,468


$
(7,177,575
)
Reflect adjustment for decrease in fair value of warrant liability
(616,477
)

(271,022
)
Numerator for use in diluted income (loss) per share
$
4,977,991


$
(7,448,597
)




Denominator



Weighted average number of common shares outstanding
72,029,644


60,392,911

Effect of dilutive potential common shares
1,931,593


209,920

Denominator for use in diluted income (loss) per share
73,961,237


60,602,831


 
 
 
Net income (loss) per share, diluted
$
0.07

 
$
(0.12
)

 
Nine Months Ended September 30,
 
2015
 
2014
Numerator
 
 
 
Net loss attributable to Inovio Pharmaceuticals, Inc.
$
(11,235,561
)
 
$
(28,710,309
)
Reflect adjustment for decrease in fair value of warrant liability
(928,978
)
 
(1,996,544
)
Numerator for use in diluted loss per share
$
(12,164,539
)
 
$
(30,706,853
)
 
 
 
 
Denominator
 
 
 
Weighted average number of common shares outstanding
66,846,481

 
58,625,740

Effect of dilutive potential common shares
172,480

 
310,674

Denominator for use in diluted loss per share
67,018,961

 
58,936,414

 
 
 
 
Net loss per share, diluted
$
(0.18
)
 
$
(0.52
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes potential common shares that were excluded from the diluted net income (loss) per share calculation because of their anti-dilutive effect for the three months ended September 30, 2015:
 
 
Common Stock Equivalents
2015
 
2014
Options to purchase common stock
2,812,185

 
4,833,877

Warrants to purchase common stock
—

 
978,052

Convertible preferred stock
8,456

 
8,456

Total
2,820,641

 
5,820,385


The following table summarizes potential common shares that were excluded from the diluted net loss per share calculation because of their anti-dilutive effect for the nine months ended September 30, 2015:
 

Common Stock Equivalents
2015
 
2014
Options to purchase common stock
5,875,211

 
4,833,877

Warrants to purchase common stock
580,904

 
978,052

Restricted stock units
230,000

 
—

Convertible preferred stock
8,456

 
8,456

Total
6,694,571

 
5,820,385