Annual report pursuant to Section 13 and 15(d)

NET LOSS PER SHARE (Tables)

v3.8.0.1
NET LOSS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Schedule of net loss per common

The following table summarizes the Company’s calculation of net loss per common share:

 

    Year Ended December 31,  
    2017     2016  
Numerator                
Net loss   $ (8,122,581 )   $ (6,368,885 )
Deemed dividend attributable to preferred stock     (2,568,132 )        
Net loss attributable to common shareholders   $ (10,690,713 )   $ (6,368,885 )
Denominator                
Weighted average common shares outstanding used to compute net loss per share, basic and diluted     11,697,273       2,947,282  
Net loss per share of common stock, basic and diluted:   $ (0.91 )     (2.16 )