Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share

v3.7.0.1
Net Loss Per Common Share
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
3.
Net Loss Per Common Share
 
Basic loss per share data for each period presented is computed using the weighted-average number of shares of common stock outstanding during each such period. Diluted income (loss) per share data is computed using the weighted-average number of common and dilutive common-equivalent shares outstanding during each period. Dilutive common-equivalent shares consist of: (a) shares that would be issued upon the exercise of stock options and warrants, computed using the treasury stock method; and (b) shares of non-vested restricted stock.
 
The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:
 
 
 
As of March 31,
 
 
 
2017
 
2016
 
Stock options
 
 
7,073,282
 
 
7,198,456
 
Warrants
 
 
4,541,121
 
 
3,365,407
 
Non-vested restricted stock
 
 
826,668
 
 
816,287
 
Total
 
 
12,441,071
 
 
11,380,150