Net loss per share (10Q)

9 Months Ended

Sep. 30, 2015

5. Net loss per share

The Company calculates basic net loss per share based on the weighted average number of shares outstanding, and when applicable, diluted income per share, which is based on the weighted average number of shares and potential dilutive shares outstanding.

The following table lists shares and warrants that were excluded from the calculation of dilutive earnings per share as the exercise of such options and warrants and the conversion of such preferred shares would be anti-dilutive:

	For the Nine Months Ended
	September 30, 2015		September 30, 2014
Stock options		106,495		70,960
Warrants		237,822		173,814
Preferred shares as if converted
Series A-1 Preferred Stock		6,633		7,818
Series B Preferred Stock		304,430		275,888
Series C Preferred Stock		238,056		215,668
Series D-1 Preferred Stock		350,127		251,435
Series D-2 Preferred Stock		124,470		112,737