XML 32 R21.htm IDEA: XBRL DOCUMENT v3.5.0.2
Net Loss per Share of Common Stock (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share, Basic and Diluted [Abstract]  
Computation of Net Loss per Common Share
The table below presents the computation of basic and diluted net loss per share of  common stock:
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
Basic Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss from attributable to shares of common stock
 
$
(10,807)
 
$
(8,509)
 
$
(14,762)
 
$
(15,485)
 
Net loss attributable to shares of common stock
 
$
(10,807)
 
$
(8,509)
 
$
(14,762)
 
$
(15,485)
 
Basic Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of shares of common stock outstanding during the period
 
 
14,993,686
 
 
9,469,162
 
 
14,576,183
 
 
9,405,181
 
Basic common stock shares outstanding
 
 
14,993,686
 
 
9,469,162
 
 
14,576,183
 
 
9,405,181
 
Basic net loss per common stock share
 
$
(0.72)
 
$
(0.90 )
 
$
(1.01)
 
$
(1.65)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to shares of common stock
 
$
(10,807)
 
$
(8,509)
 
 
(14,762)
 
$
(15,485)
 
Increase in net loss attributable to derivative liabilities and interest expense
 
 
 
 
 
 
 
 
 
Diluted net loss attributable to shares of common stock
 
$
(10,807)
 
$
(8,509)
 
 
(14,762)
 
$
(15,485)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Diluted Denominator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic common stock shares outstanding
 
 
14,993,686
 
 
9,469,162
 
 
14,576,183
 
 
9,405,181
 
Weighted average number of derivative liabilities in the money
 
 
 
 
 
 
 
 
 
Diluted common stock shares outstanding
 
 
14,993,686
 
 
9,469,162
 
 
14,576,183
 
 
9,405,181
 
Diluted net loss per common stock share
 
$
(0.72)
 
$
(0.90 )
 
 
(1.01)
 
$
(1.65)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss per share data presented excludes from the calculation of diluted net loss the following potentially dilutive securities, as they
 had an anti-dilutive impact:
 
 
 
 
 
 
 
 
 
 
 
 
 
Vested and unvested options outstanding to purchase an equal number of shares of common stock of the Company
 
 
1,492,434
 
 
888,047
 
 
1,492,434
 
 
888,047
 
Unvested RSUs to issue an equal number of shares of common stock of the Company
 
 
7,808
 
 
60,990
 
 
7,808
 
 
60,990
 
Warrants to purchase an equal number of shares of common stock of the Company
 
 
1,006,679
 
 
956,679
 
 
1,006,679
 
 
956,679
 
Conversion feature of senior secured notes
 
 
 
 
1,250,000
 
 
159,462
 
 
1,250,000
 
Total number of potentially dilutive instruments, excluded from the calculation of net loss per share
 
 
2,506,921
 
 
3,155,716
 
 
2,666,383
 
 
3,155,716