Quarterly report pursuant to Section 13 or 15(d)

Net Loss per Share (Tables)

v3.8.0.1
Net Loss per Share (Tables)
9 Months Ended
Sep. 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
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Net loss
 
$
(2,462,054)
 
$
(595,411)
 
$
(7,135,962)
 
$
(3,414,352)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted-average common shares used in computing net loss per share, basic and diluted
 
 
10,714,200
 
 
5,289,882
 
 
9,608,042
 
 
5,289,221
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per share, basic and diluted
 
$
(0.23)
 
$
(0.11)
 
$
(0.74)
 
$
(0.65)
 
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
 
Nine Months Ended
 
 
 
September 30,
 
September 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Stock options (exercise price $3.55 - $4.50 per share)
 
 
166,666
 
 
—
 
 
166,666
 
 
—
 
Warrants (exercise price $4.50 - $7.43)
 
 
482,480
 
 
—
 
 
482,480
 
 
—
 
Total common stock equivalents
 
 
649,146
 
 
—
 
 
649,146
 
 
—