Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share (Tables)

v3.7.0.1
Net Loss per Share (Tables)
 6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of the Company’s basic and diluted net loss per share for the periods presented:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Net loss
 
$
(2,304,075)
 
$
(2,702,254)
 
$
(4,673,908)
 
$
(2,818,941)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares used in computing net loss per share, basic and diluted
 
 
9,510,460
 
 
5,289,136
 
 
9,400,339
 
 
5,289,136
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per share, basic and diluted
 
$
(0.24)
 
$
(0.51)
 
$
(0.50)
 
$
(0.53)
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following securities were excluded from the computation of diluted net loss per share for the periods presented because including them would have been anti-dilutive:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Stock options (exercise price $3.55 - $4.50 per share)
 
 
500,000
 
 
—
 
 
500,000
 
 
—
 
Warrants (exercise price $4.50 - $7.43)
 
 
565,813
 
 
—
 
 
565,813
 
 
—
 
Total common stock equivalents
 
 
1,065,813
 
 
—
 
 
1,065,813
 
 
—