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Net loss per share
3 Months Ended
Mar. 31, 2016
Net loss per share [Abstract]  
Net loss per share

4. Net Loss Per Share

The Company calculates basic net loss per share based on the weighted average number of shares outstanding, and when applicable, diluted net income per share, which is based on the weighted average number of shares and potential dilutive shares outstanding.

The following table lists shares and warrants that were excluded from the calculation of diluted earnings per share as the inclusion of shares from the assumed exercise of such options and warrants and the conversion of such preferred shares would be anti-dilutive:

For the Three Months Ended
March 31, 2016March 31, 2015
Stock options7586
Warrants206184
Preferred shares as if converted
Series A-1 Preferred Stock5046
Series B Preferred Stock1,069968
Series C Preferred Stock579525
Series D-1 Preferred Stock1,144992
Series D-2 Preferred Stock763691