Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Common Share

v3.19.2
Net Loss per Common Share
6 Months Ended
Jun. 30, 2019
Net Loss per Common Share  
Net Loss per Common Share

14. Net Loss per Common 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. Diluted net loss per share is computed by dividing net loss by the weighted-average number of common stock and common stock equivalents outstanding for the period.

The Company’s common stock equivalents, including unvested restricted stock, options, and warrants have been excluded from the computation of diluted net loss per share as the effect would be to reduce the net loss per share. Therefore, the weighted average common stock outstanding used to calculate both basic and diluted net loss per share is the same.

The following shares of potentially dilutive securities have been excluded from the computations of diluted weighted average shares outstanding, as the effect of including such securities would be anti-dilutive at the end of the six months ended June 30, 2019 and 2018:

 

 

 

 

 

 

    

Six Months Ended June 30, 

 

 

2019

 

2018

Warrants to purchase Common Stock

 

874,189

 

894,189

Opus warrants to purchase Common Stock

 

1,880,000

 

1,880,000

Options to purchase Common Stock

 

1,148,347

 

1,085,502

Convertible preferred stock

 

1,000,000

 

1,000,000

Unvested Restricted Stock

 

12,623,290

 

11,023,682

Unvested Restricted Stock Units

 

840,845

 

1,864,980

Total

 

18,366,671

 

17,748,353