XML 21 R11.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Net Loss Per Share of Common Stock | 9 Months Ended
--- | ---
Sep. 30, 2017
Earnings Per Share [Abstract] |
Net Loss Per Share of Common Stock | NOTE 4 — NET LOSS PER SHARE OF COMMON STOCK Diluted loss per share is the same as basic loss per share for all periods presented as the effects of potentially dilutive issuances were anti-dilutive given the Company’s net loss. Basic loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding. The following table sets forth the computation of basic and diluted loss per share for common stockholders:
| Three Months Ended |  |  | Nine Months Ended |
| September 30, |  |  | September 30, |
| 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Net loss | $ | (11,260,575 | ) |  | $ | (8,423,289 | ) |  | $ | (31,685,295 | ) |  | $ | (21,641,308 | )
Weighted average shares of common stock outstanding |  | 40,880,359 |  |  |  | 34,806,263 |  |  |  | 37,676,686 |  |  |  | 30,393,293 |
Net loss per share of common stock – basic and diluted | $ | (0.28 | ) |  | $ | (0.24 | ) |  | $ | (0.84 | ) |  | $ | (0.71 | )
The following securities outstanding at September 30, 2017 and 2016 have been excluded from the calculation of weighted average shares outstanding as their effect on the calculation of loss per share is antidilutive:
| September 30, |
| 2017 |  |  | 2016 |
Common stock options |  | 3,997,650 |  |  |  | 3,569,298 |
Restricted stock units |  | 194,600 |  |  | - |
Common stock warrants |  | 40,790 |  |  |  | 2,472,400 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration