Net Loss per Common Share

9 Months Ended

Sep. 30, 2016

Net Loss per Common Share

Net Loss per Common Share

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,
	2016		2015		2016		2015
Basic and diluted net loss per common share:
Net loss	$	(7,194,584)	$	(4,576,139)	$	(19,872,715)	$	(8,845,667)
Weighted average common shares outstanding—basic and diluted		19,149,906		11,108,144		19,149,579		11,108,144
Net loss per common share—basic and diluted	$	(0.38)	$	(0.41)	$	(1.04)	$	(0.80)

The following potentially dilutive securities outstanding at September 30, 2016 and 2015 have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti‑dilutive:

	September 30,
	2016	2015
Convertible notes	—	2,347,633
Stock options	1,776,856	960,815
Warrants	272,468	272,468
	2,049,324	3,580,916