Annual report pursuant to Section 13 and 15(d)

Net Loss per Share (Tables)

v3.8.0.1
Net Loss per Share (Tables)
 12 Months Ended
Dec. 31, 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:
  
 
 
Year Ended December 31,
 
 
 
2017
 
2016
 
Net loss
 
$
(11,978,563)
 
$
(4,159,394)
 
 
 
 
 
 
 
 
 
Weighted-average common shares used in computing net loss per share, basic and diluted
 
 
10,679,989
 
 
5,520,801
 
 
 
 
 
 
 
 
 
Net loss per share, basic and diluted
 
$
(1.12)
 
$
(0.75)
 
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 antidilutive:
  
 
 
As of December 31,
 
 
 
2017
 
2016
 
Stock options (exercise price - $1.30 to $4.50 per share)
 
 
725,000
 
 
200,000
 
Warrants (exercise price - $1.50 to $7.43 per share)
 
 
2,239,574
 
 
222,230
 
Total common stock equivalents
 
 
2,964,574
 
 
422,230