Net Loss Per Share

9 Months Ended

Sep. 30, 2020

Basic net loss per share is computed by dividing net loss by the weighted-average number of common shares outstanding during the period. The net loss per share for the three and nine months ended September 30, 2020 reflects 5,139,610 shares of our common stock issued pursuant to the securities offering completed in July 2020. The significant number of shares issued has affected the period-over-period comparability of our net loss per share calculations. The common stock issuable upon the conversion or exercise of the following dilutive securities has been excluded from the diluted net loss per share calculation because their effect would have been anti-dilutive. Diluted net loss per share, therefore, does not differ from basic net loss per share for the periods presented.


	September 30,
	2020	2019
	(unaudited)
Warrants to purchase common stock	4,464,261	1,877,094
Stock options and restricted stock units outstanding	4,136,352	3,264,600
Total	8,600,613	5,141,694