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Net Loss per Share
3 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Net Loss per Share

13. Net Loss per Share

Basic net loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. For periods in which the Company reports net income, diluted net income per share is determined by adding to the basic weighted average number of common shares outstanding the total number of dilutive common equivalent shares using the treasury stock method, unless the effect is anti-dilutive. Potentially dilutive shares were not included in the calculation of diluted net loss per share for each of the three months ended September 30, 2018 and 2017 as their inclusion would be anti-dilutive.

Potential common stock equivalents excluded from the calculation of diluted earnings per share because the effect would have been anti-dilutive were as follows:

 

     Three Months Ended
September 30,
 
     2018      2017  

Options outstanding

     7,984,469        5,740,155  

Warrants outstanding

     486,812        —    

Restricted stock units outstanding

     1,395,829        948,500  

Performance stock units outstanding

     466,668        210,000  

Deferred stock units outstanding

     35,418        —    
  

 

 

    

 

 

 
     10,369,196        6,898,655