Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

v3.5.0.2
NET LOSS PER SHARE
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
7. NET LOSS PER SHARE
 
Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period, including warrants that are exercisable for little or no additional consideration. Diluted net loss per share is computed by dividing net loss by the sum of the weighted average number of shares of common stock and the dilutive potential common stock equivalents then outstanding.  Potential common stock equivalents consist of stock options and warrants.  Since there is a net loss attributable to common stockholders for the three and nine months ended September 30, 2016 and 2015, the inclusion of common stock equivalents in the computation for those periods would be antidilutive. Accordingly, basic and diluted net loss per share is the same for all periods presented.
 
The following potentially dilutive securities have been excluded from the computation of diluted net loss per share since their inclusion would be antidilutive:
 
 
 
Nine Months Ended September 30,
 
 
 
2016
 
2015
 
Warrants
 
 
4,629,842
 
 
6,597,483
 
Stock options
 
 
488,142
 
 
788,383