XML 41 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Net (Loss) Income per Common Share (Tables)
12 Months Ended
Dec. 31, 2017
Net Loss per Common Share [Abstract]  
Computation of Basic and Diluted Net Income (Loss) Per Share

The following table sets forth the computation of basic and diluted net loss per common share for the periods indicated:







 

 

 

 

 

 



 

 

 

 

 

 



 

Year Ended



 

December 31,



 

2017

 

2016

Basic and diluted net loss per common share calculation:

 

 

 

 

 

 

Net loss

 

$

(12,838,000)

 

$

(18,838,000)

Excess of fair value of consideration transferred on conversion of Series B redeemable convertible preferred stock

 

 

 -

 

 

(3,580,000)

Accretion of Series B redeemable convertible preferred stock

 

 

 -

 

 

(1,858,000)

Net loss attributable to common stockholders - basic

 

 

(12,838,000)

 

 

(24,276,000)

Changes in fair value of November 2016 warrants

 

 

(1,524,000)

 

 

 -

Net loss attributable to common stockholders - diluted

 

$

(14,362,000)

 

$

(24,276,000)

Weighted average common shares outstanding - basic

 

 

6,387,425 

 

 

983,846 

Net loss per share of common stock - basic

 

$

(2.01)

 

$

(24.67)

Weighted average common shares outstanding - diluted

 

 

6,574,117 

 

 

983,846 

Net loss per share of common stock -  diluted

 

$

(2.18)

 

$

(24.67)



Antidilutive Securities Excluded from Computation of Diluted Weighted Shares Outstanding



The following outstanding securities at December 31, 2017 and 2016 have been excluded from the computation of diluted weighted average shares outstanding for the years ended December 31, 2017 and 2016, as they would have been anti-dilutive:





 

 

 

 

 

 



 

 

 

 

 

 



 

Year Ended



 

December 31,



 

2017

 

 

2016

Options

 

 

1,115,865 

 

 

74,890 

Warrants

 

 

8,225,087 

 

 

776,267 

Total

 

 

9,340,952 

 

 

851,157