NET LOSS PER SHARE

9 Months Ended

Sep. 30, 2021

Diluted earnings per share (“EPS”) includes the dilutive effect of common stock equivalents and is computed using the weighted-average number of common stock and common stock equivalents outstanding during the reporting period. Diluted EPS for the periods ended September 30, 2021 and 2020 excluded common stock equivalents because the effect of their inclusion would be anti-dilutive or would decrease the reported loss per share. The following table sets forth securities outstanding that could potentially dilute the calculation of diluted earnings per share:


	For the three and nine months ended September 30,
	2021	2020
Stock options outstanding	7,299,945	8,385,245
Warrants to purchase common stock - liability classified	2,036,733	2,156,153
Warrants to purchase common stock - equity classified	1,418,116	1,418,116
Unvested restricted stock units	6,758,933	8,765,591
Total	17,513,727	20,725,105