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NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
NET LOSS PER SHARE
14 NET LOSS PER SHARE

 

Basic loss per share is based on the weighted-average number of common shares outstanding during each period. Diluted loss per share is based on basic shares as determined above plus common stock equivalents. The computation of diluted net loss per share does not assume the issuance of common shares that have an anti-dilutive effect on net loss per share. For the six months ended June 30, 2017 and 2016, all unvested restricted stock awards and warrants, were excluded from the computation of diluted net loss per share. Dilutive shares which could exist pursuant to the exercise of outstanding stock instruments and which were not included in the calculation because their affect would have been anti-dilutive are as follows:

 

    Six
Months Ended
June 30,
2017
(Shares)
    Six
Months Ended
June 30,
2016
(Shares)
 
             
Convertible debt   7,398,202      —  
Warrants     8,381,466       6,219,200  
     

15,779,668 

      6,219,200