Loss Per Common Share

6 Months Ended

Jun. 30, 2017

Earnings Per Share [Abstract]

Loss Per Common Share

15. Loss Per Common Share

	Three Months Ended						Six Months Ended
	June 30,			June 30,			June 30,			June 30,
	2017			2016			2017			2016
Net loss attributable to common stockholders	$	(3,660,225	)	$	(1,588,089	)	$	(1,447,346	)	$	(3,724,560	)
Basic
Basic weighted average shares outstanding		61,180,365			29,197,899			58,297,202			26,851,888
Diluted
Diluted weighted average common shares outstanding		61,180,365			29,197,899			58,297,202			26,851,888
Net loss per share:
Basic	$	(0.06	)	$	(0.05	)	$	(0.02	)	$	(0.14	)
Diluted	$	(0.06	)	$	(0.05	)	$	(0.02	)	$	(0.14	)

Basic loss per common share attributable to Seven Stars Cloud shareholders is calculated by dividing the net loss attributable to Seven Stars Cloud shareholders by the weighted average number of outstanding common shares during the applicable period.

Diluted loss per share is calculated by taking net loss, divided by the diluted weighted average common shares outstanding. Diluted loss per share for the three and six months ended June 30, 2017 and 2016 both equal to basic loss per share for respective periods because the effect of securities convertible into common shares is anti-dilutive.

The following table includes the number of shares that may be dilutive potential common shares in the future. These shares were not included in the computation of diluted loss per share because the effect was either antidilutive or the performance condition was not met.

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2017		2016		2017		2016
Warrants		3,546,897		3,783,002		3,546,897		3,783,002
Options		2,462,863		1,696,428		2,462,863		1,696,428
Series A Preferred Stock		933,333		933,333		933,333		933,333
Series E Preferred Stock		-		7,154,997		-		7,154,997
Convertible promissory note and interest		35,745,070		1,998,528		35,745,070		1,998,528
Total		42,688,163		15,566,288		42,688,163		15,566,288