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NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

NOTE 10 – NET LOSS PER SHARE

 

We calculate basic and diluted net loss per share allocable to common stockholders using the weighted-average number of shares of common stock, par value $0.001 per share, or Common Stock outstanding during the period, less any shares subject to repurchase or forfeiture. There were no shares of our Common Stock outstanding subject to repurchase or forfeiture for the three and six months ended June 30, 2016 and 2015.

 

Since we are in a net loss position, we have excluded outstanding stock options, all of which are subject to forfeiture, as well as warrants for the purchase of our Common Stock from our calculation of diluted net loss per share. The table below presents potentially dilutive securities that could affect our calculation of diluted net loss per share allocable to common stockholders for the periods presented.

 

    Three and Six months ended
    June 30, 2016   June 30, 2015
Stock options     20,668,657       17,525,200  
Warrants     12,060,571       13,032,431  
TOTAL     32,729,228       30,557,631