Net Loss Per Share of Common Stock

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Net Loss Per Share of Common Stock

Net Loss Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings per share for the three months ended March 31, 2020 and 2019:

	Three months ended March 31,
	2020		2019
Net loss—basic and diluted	$	(3,943,819)	$	(6,312,606)
Shares used in calculating net loss per common share—basic and diluted	52,627,228		4,960,552
Net loss per common share—basic and diluted	$	(0.07)	$	(1.27)

The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding, as their inclusion would have been antidilutive:

	Three months ended March 31,
	2020	2019
Options to purchase common stock	2,496,771	524,789
Warrants	870,020	870,020
Series A Warrants	8,771,928	—
Series B Warrants	1,000	—
Series C Warrants	1,000	—
Total	12,140,719	1,394,809