Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE

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NET LOSS PER SHARE
6 Months Ended
Jun. 30, 2020
NET LOSS PER SHARE  
NET LOSS PER SHARE

6. NET LOSS PER SHARE

Basic net income (loss) per share is computed by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share for the three and six months ended June 30, 2020 and June 30, 2019 is computed by dividing net income (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, non-vested restricted stock, preferred shares convertible into common stock and, pre-funded warrants. Since there is a net loss attributable to common stockholders for the three and six months ended June 30, 2020 and June 30, 2019, the inclusion of common stock equivalents in the computation for that period would be antidilutive.

The following potentially dilutive securities have been excluded from the computation of diluted net income (loss) per share since their inclusion would be antidilutive:

 

 

 

 

 

 

 

 

Six Months Ended

 

 

June 30, 

 

    

2020

    

2019

Warrants

 

19,278,976

 

9,318,747

Preferred shares as convertible into common stock

 

537,500

 

537,500

Stock options

 

1,084,464

 

520,714

Non-vested restricted stock

 

 —

 

9,334

Total potentially dilutive shares

 

20,900,940

 

10,386,295