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Net Income (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2016

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,
	2016				2015
Numerator
Net income (loss) attributable to Inovio Pharmaceuticals, Inc.	$	(20,759,338	)		$	5,594,468
Reflect adjustment for decrease in fair value of warrant liability	(2,841		)		(616,477		)
Numerator for use in diluted income (loss) per share	$	(20,762,179	)		$	4,977,991
Denominator
Weighted average number of common shares outstanding	73,602,834				72,029,644
Effect of dilutive potential common shares	186,174				1,931,593
Denominator for use in diluted income (loss) per share	73,789,008				73,961,237
Net income (loss) per share, diluted	$	(0.28	)		$	0.07

	Nine Months Ended September 30,
	2016				2015
Numerator
Net loss attributable to Inovio Pharmaceuticals, Inc.	$	(47,506,869	)		$	(11,235,561	)
Reflect adjustment for decrease in fair value of warrant liability	—				(928,978		)
Numerator for use in diluted loss per share	$	(47,506,869	)		$	(12,164,539	)
Denominator
Weighted average number of common shares outstanding	72,932,199				66,846,481
Effect of dilutive potential common shares	—				172,480
Denominator for use in diluted loss per share	72,932,199				67,018,961
Net loss per share, diluted	$	(0.65	)		$	(0.18	)

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 loss per share calculation because of their anti-dilutive effect for the three months ended September 30, 2016 and 2015:

Common Stock Equivalents	2016			2015
Options to purchase common stock	6,747,961			2,812,185
Restricted stock units	771,335			—
Convertible preferred stock	8,456			8,456
Total	7,527,752			2,820,641

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, 2016 and 2015:

Common Stock Equivalents	2016			2015
Options to purchase common stock	6,747,961			5,875,211
Warrants to purchase common stock	284,091			580,904
Restricted stock units	771,335			230,000
Convertible preferred stock	8,456			8,456
Total	7,811,843			6,694,571

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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