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Net Loss per Common Share
3 Months Ended
Mar. 31, 2017
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 March 31, 

 

 

    

2017

    

2016

 

 

 

 

 

 

 

 

 

Basic and diluted net loss per common share:

 

 

 

 

 

 

 

Net loss

 

$

(7,995,039)

 

$

(5,865,941)

 

Weighted average common shares outstanding—basic and diluted

 

 

19,537,897

 

 

19,149,417

 

Net loss per common share—basic and diluted

 

$

(0.41)

 

$

(0.31)

 

 

The following potentially dilutive securities outstanding at March 31, 2017 and 2016 have been excluded from the computation of diluted weighted average shares outstanding, as they would be anti‑dilutive:

 

 

 

 

 

 

 

 

March 31, 

 

 

    

2017

    

2016

 

 

 

 

 

 

 

Stock options

 

2,144,808

 

998,198

 

Warrants

 

299,797

 

272,468

 

Total

 

2,444,605

 

1,270,666