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Net Loss Per Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Numerator and Denominator Used in Computing Basic and Diluted Net Loss per Share

The following table provides the numerator and denominator used in computing basic and diluted net loss per share for the periods indicated:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(4,797,270

)

 

$

(4,102,729

)

 

$

(10,168,116

)

 

$

(9,482,676

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding-basic and diluted

 

 

28,657,384

 

 

 

28,375,379

 

 

 

28,629,189

 

 

 

26,549,895

 

Net loss per share, basic and diluted

 

$

(0.17

)

 

$

(0.14

)

 

$

(0.36

)

 

$

(0.36

)

 

Outstanding Securities Excluded from Computation of Diluted Net Loss per Share

The following outstanding securities were excluded from the computation of diluted net loss per share for the periods presented because their effect would have been anti-dilutive:

 

 

Six Months Ended June 30,

 

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

2,334,272

 

 

 

1,693,575

 

Common stock warrants

 

 

236,915

 

 

 

237,846

 

Restricted stock units

 

 

254,580

 

 

 

26,666

 

QNAH convertible note

 

 

788,971

 

 

 

766,381