Net Loss per Share

6 Months Ended

Jun. 30, 2020

Net Loss per Share

Net Loss per Share

10. Net Loss per Share

Basic net loss per share is calculated by dividing net loss by the weighted average number of shares of common stock outstanding for the period, without consideration for common stock equivalents. The Company’s potentially dilutive shares, which include outstanding stock options and warrants, are considered to be common stock equivalents and are only included in the calculation of diluted net loss per share when their effect is dilutive.

The following outstanding securities have been excluded from the computation of diluted weighted average shares outstanding for the three and six months ended June 30, 2020 and 2019, as they would have been anti-dilutive:

	As of June 30,
	2020	2019
Options to purchase shares of common stock	3,256,537	2,096,348
Warrants to purchase shares of common stock	14,000,000	—
	17,256,537	2,096,348