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Loss per Share
9 Months Ended
Sep. 30, 2015
Loss per Share  
Loss per Share

 

11. Loss per Share

 

Basic and diluted net loss per share is presented in conformity with ASC Topic 260, Earnings per Share, (“ASC Topic 260”) for periods presented. In accordance with ASC Topic 260, basic and diluted net loss per common share was determined by dividing net loss applicable to common stockholders by the weighted-average common shares outstanding during the period. Diluted weighted-average shares are the same as basic weighted-average shares because shares issuable pursuant to the exercise of stock options and warrants would be antidilutive.

 

The following table sets forth potential common shares issuable upon the exercise of outstanding options, the exercise of warrants, and the conversion of the Senior Convertible Notes, all of which have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive, including the impact on dilutive net loss per share of in-the-money warrants as per ASC60-10-45-35 through o ASC 60-10-45-37:

 

 

 

Nine Months Ended
September 30, 2015

 

Nine Months Ended
September 30, 2014

 

Stock Options

 

19,767,956 

 

12,862,860 

 

Warrants

 

5,068,823 

 

5,647,203 

 

Senior Convertible Notes

 

51,128,939 

 

 

 

 

 

 

 

 

Total shares issuable upon exercise or conversion

 

75,965,718 

 

18,510,063