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Net loss per share
6 Months Ended
Jun. 30, 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 Company's Preferred Shareholders converted all of their Preferred Stock into shares of Common Stock on May 19, 2016. The following table lists shares and warrants that were excluded from the calculation of diluted earnings per share as the exercise of such options and warrants and the conversion of such preferred shares would be anti-dilutive:

For the Six Months Ended
June 30, 2016June 30, 2015
Stock options7485
Warrants1,756179
Preferred Stock as if converted
Series A-1 Preferred Stock-5
Series B Preferred Stock-237
Series C Preferred Stock-185
Series D-1 Preferred Stock-261
Series D-2 Preferred Stock-97