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(Loss) Income per Share (Tables)
6 Months Ended
Jun. 30, 2018
(Loss) Income per Share  
Schedule of computation of basic and diluted net loss per share

 

 

Three months ended

 

Six months ended

 

Basic net (loss) income per common share

 

June 30, 2018

 

June 30, 2017

 

June 30, 2018

 

June 30, 2017

 

Numerator:

 

 

 

 

 

 

 

 

 

Net (loss) income

 

$

(4,029,075

)

$

2,049,960

 

$

(6,719,563

)

$

(5,568,666

)

Preferred stock deemed dividend

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(4,029,075

)

$

2,049,960

 

$

(6,719,563

)

$

(5,568,666

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

10,664,066

 

7,506,702

 

10,395,581

 

6,123,294

 

 

 

 

 

 

 

 

 

 

 

Net loss per share of common stock—basic and diluted

 

$

(0.38

)

$

0.27

 

$

(0.65

)

$

(0.91

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of outstanding securities excluded from the computation of diluted weighted shares outstanding

 

 

Six months 
ended June 30, 
2018

 

Six months 
ended June 30, 
2017

 

Common shares issuable upon conversion of Series A preferred stock

 

222,867

 

270,867

 

Common shares issuable upon conversion of Series B preferred stock

 

 

33,390

 

Stock options

 

852,232

 

810,148

 

Warrants

 

1,426,848

 

1,426,848

 

Convertible debt

 

533,539

 

 

 

 

 

 

 

 

Total

 

3,035,486

 

2,541,253