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Net Loss Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Net Loss Per Share

12.

Net Loss Per Share


Basic net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding during the periods. Fully diluted net loss per common share is computed using the weighted average number of common and dilutive common equivalent shares outstanding during the periods. Common equivalent shares consist of stock options and warrants that are computed using the treasury stock method.


For the years ended December 31, 2017 and 2016, all of the Company’s common stock options and warrants are anti-dilutive and therefore have been excluded from the diluted calculation.


The following table reconciles net loss to net loss attributable to Heat Biologics, Inc.:


 

 

For the years ended

December 31,

 

 

 

2017

 

2016

 

Net loss

 

$

(12,409,866

)

$

(12,974,799

)

Net loss - Non-controlling interest

 

 

(568,195

)

 

(400,847

)

Net loss attributable to Heat Biologics, Inc.

 

$

(11,841,671

)

$

(12,573,952

)

 

    

 

 

 

 

 

  

Weighted-average number of common shares used in net loss per share attributable to common stockholders —basic and diluted

 

 

3,845,342

 

 

1,758,621

 

Net loss per share attributable to Heat Biologics, Inc —basic and diluted

 

$

(3.08

)

$

(7.15

)


The following potentially dilutive securities were excluded from the calculation of diluted net loss per share due to their anti-dilutive effect:


 

 

 

For the years ended

December 31,

 

 

 

 

2017

 

2016

 

Outstanding stock options

 

 

 

266,810

 

 

113,672

 

Unvested restricted stock units

 

 

 

21,779

 

 

5,625

 

Outstanding common stock warrants

 

 

 

310,397

 

 

310,397