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Net Loss Per Share (Tables)
9 Months Ended
Sep. 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 September 30,
 
2018
 
2017
Numerator
 
 
 
Net loss (numerator for use in basic net loss per share)
$
(25,015,672
)
 
$
(34,134,570
)
Adjustment for decrease in fair value of warrant liability

 
(423,296
)
Numerator for use in diluted net loss per share
$
(25,015,672
)
 
$
(34,557,866
)
 
 
 
 
Denominator
 
 
 
Weighted average number of common shares outstanding (denominator for use in basic net loss per share)
92,423,122

 
86,952,024

Effect of dilutive potential common shares

 
138,659

Denominator for use in diluted net loss per share
92,423,122

 
87,090,683

 
 
 
 
Net loss per share, diluted
$
(0.27
)
 
$
(0.40
)
 
 
 
 
Net loss per share, basic
$
(0.27
)
 
$
(0.39
)

 
Nine Months Ended September 30,
 
2018
 
2017
Numerator
 
 
 
Net loss (numerator for use in basic net loss per share)
$
(64,005,625
)
 
$
(66,699,593
)
Adjustment for decrease in fair value of warrant liability

 
(227,273
)
Numerator for use in diluted net loss per share
$
(64,005,625
)
 
$
(66,926,866
)
 
 
 
 
Denominator
 
 
 
Weighted average number of common shares outstanding (denominator for use in basic net loss per share)
91,350,117

 
78,894,881

Effect of dilutive potential common shares

 
148,599

Denominator for use in diluted net loss per share
91,350,117

 
79,043,480

 
 
 
 
Net loss per share, diluted
$
(0.70
)
 
$
(0.85
)
 
 
 
 
Net loss per share, basic
$
(0.70
)
 
$
(0.85
)
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 nine months ended September 30, 2018 and 2017:
 
 
Common Stock Equivalents
2018
 
2017
Options to purchase common stock
8,945,275

 
7,811,387

Restricted stock units
1,711,213

 
1,324,410

Convertible preferred stock
8,456

 
8,456

Total
10,664,944

 
9,144,253