XML 37 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
Net Loss Per Share (Tables)
 6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Schedule of Diluted Earnings Per Share
The following tables reconcile the components of the numerator and denominator included in the calculations of diluted net loss per share:
 
Three Months Ended June 30,
 
2018
 
2017
Numerator
 
 
 
Net loss
$
(6,639,125
)
 
$
(9,479,116
)
Adjustment for decrease in fair value of warrant liability
(259,971
)
 
—

Numerator for use in diluted net loss per share
$
(6,899,096
)
 
$
(9,479,116
)
 
 
 
 
Denominator
 
 
 
Weighted average number of common shares outstanding
91,153,776

 
75,409,702

Effect of dilutive potential common shares
87,884

 
—

Denominator for use in diluted net loss per share
91,241,660

 
75,409,702

 
 
 
 
Net loss per share, diluted
$
(0.08
)
 
$
(0.13
)

 
Six Months Ended June 30,
 
2018
 
2017
Numerator
 
 
 
Net loss
$
(38,989,953
)
 
$
(32,565,023
)
Adjustment for decrease in fair value of warrant liability
(132,130
)
 
—

Numerator for use in diluted net loss per share
$
(39,122,083
)
 
$
(32,565,023
)
 
 
 
 
Denominator
 
 
 
Weighted average number of common shares outstanding
90,804,722

 
74,783,791

Effect of dilutive potential common shares
86,070

 
—

Denominator for use in diluted net loss per share
90,890,792

 
74,783,791

 
 
 
 
Net loss per share, diluted
$
(0.43
)
 
$
(0.44
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes potential shares of common stock that were excluded from the diluted net loss per share calculation because of their anti-dilutive effect for the three and six months ended June 30, 2018 and 2017:
 
 
Common Stock Equivalents
2018
 
2017
Options to purchase common stock
9,245,981

 
7,888,763

Warrants to purchase common stock
—

 
284,091

Restricted stock units
1,760,710

 
1,335,744

Convertible preferred stock
8,456

 
8,456

Total
11,015,147

 
9,517,054