NET LOSS PER SHARE

12 Months Ended

Dec. 31, 2015

NOTE 11: 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. Diluted net loss per common share is computed by dividing net loss attributable to common stockholders by the weighted average number of common shares that would have been outstanding during the period assuming the issuance of common shares for all potential dilutive common shares outstanding. Potential common shares consist of shares issuable upon the exercise of stock options and warrants. Because the inclusion of potential common shares would be anti-dilutive for all periods presented, diluted net loss per common share is the same as basic net loss per common share.

The following table presents the computation of net loss per share:

	Year Ended December 31,
	2015		2014
Numerator
Net loss from continuing operations	$	(12,758,187)	$	(12,170,768)
Net loss from discontinued operations		(3,002,136)		(2,487,158)
Net Loss	$	(15,760,323)	$	(14,657,926)
Denominator
Weighted average common share outstanding used to compute net loss per share, basic and diluted		28,427,523		24,038,578
Net loss per share of common stock, basic and diluted:
Net loss per share from continuing operations	$	(0.45)	$	(0.51)
Net loss per share from discontinued operations		(0.10)		(0.10)
Net loss per share	$	(0.55)	$	(0.61)

The following table sets forth the number of potential common shares excluded from the calculation of net loss per diluted share for the years ended December 31, 2015 and 2014:

	Year Ended December 31,
	2015		2014
Options to purchase common stock		3,613,944		3,675,634
Warrants to purchase common stock		6,033,426		6,033,426
Total		9,647,370		9,709,060