Net Loss per Common Share

9 Months Ended

Sep. 30, 2021

Note 5. Net Loss per Common Share

The following table sets forth the computation of basic and diluted net loss per common share:


	Three Months Ended September 30,						Nine Months Ended September 30,
	2021			2020			2021			2020
Basic and diluted net loss per common share:
Net loss	$	(34,882,677	)	$	(22,924,815	)	$	(96,426,856	)	$	(73,735,953	)
Weighted average common shares outstanding—basic and diluted		37,680,966			37,311,726			37,569,416			37,158,513
Net loss per common share—basic and diluted	$	(0.93	)	$	(0.61	)	$	(2.57	)	$	(1.98	)

The following potentially dilutive securities outstanding at September 30, 2021 and 2020 have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti-dilutive:


	September 30,
	2021		2020
Stock options		4,594,842		3,909,855
Restricted stock units		302,001		155,922
Warrants		15,541		15,541
Total		4,912,384		4,081,318