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Net Income (Loss) Per Share of Common Stock (Tables)
9 Months Ended
Sep. 30, 2018
Net Income (Loss) Per Share of Common Stock  
Schedule of calculation of basic and diluted net income (loss) per common share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2018

    

2017

    

2018

    

2017

Net income (loss) attributable to common stockholders (basic)

 

$

(6,138,352)

 

$

4,759,844

 

$

(20,487,172)

 

$

(1,761,156)

Interest on convertible debt, net of tax

 

 

 —

 

 

209,149

 

 

 —

 

 

 —

Net income (loss) attributable to common stockholders - diluted

 

$

(6,138,352)

 

$

4,968,993

 

$

(20,487,172)

 

$

(1,761,156)

Shares used to compute net income (loss) per common share - basic

 

 

12,061,672

 

 

3,695,660

 

 

10,701,977

 

 

1,883,115

Dilutive effect of warrants

 

 

 —

 

 

45,026

 

 

 —

 

 

 —

Dilutive effect of convertible debt

 

 

 —

 

 

739,550

 

 

 —

 

 

 —

Shares used to compute net income (loss) per common share  - diluted

 

 

12,061,672

 

 

4,480,235

 

 

10,701,977

 

 

1,883,115

Net loss per share attributable to common stockholders - basic

 

$

(0.51)

 

$

1.29

 

$

(1.91)

 

$

(0.94)

Net loss per share attributable to common stockholders - diluted

 

$

(0.51)

 

$

1.11

 

$

(1.91)

 

$

(0.94)