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Net Loss Per Share (Tables)
9 Months Ended
Sep. 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 September 30,

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(4,740,232

)

 

$

(4,843,408

)

 

$

(14,908,348

)

 

$

(14,326,084

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average shares outstanding-basic and diluted

 

 

31,367,044

 

 

 

28,434,406

 

 

 

29,551,836

 

 

 

27,184,968

 

Net loss per share, basic and diluted

 

$

(0.15

)

 

$

(0.17

)

 

$

(0.50

)

 

$

(0.53

)

 

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:

 

 

Nine Months Ended September 30,

 

 

 

2019

 

 

2018

 

Options to purchase common stock

 

 

2,940,990

 

 

 

2,148,323

 

Common stock warrants

 

 

236,915

 

 

 

237,846

 

Restricted stock units

 

 

247,079

 

 

 

249,166

 

QNAH convertible note

 

 

794,665

 

 

 

772,075