Quarterly report pursuant to Section 13 or 15(d)

NET LOSS PER SHARE (Tables)

v3.8.0.1
NET LOSS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of earning per share

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

 

    Three Months Ended
March 31,
 
    2018     2017  
Net loss per share            
Numerator            
Net loss attributable to common shareholders   $ (1,874,382 )   $ (1,703,554 )
Denominator                
Weighted average common shares outstanding     2,651,952       315,576  
Basic and diluted net loss per share   $ (0.71 )   $ (5.40 )
Schedule of antidilutive securities

The following table sets forth the number of potential common shares excluded from the calculation of net loss per diluted share for the three months ended March 31, 2018 and 2017 because the effect of them would be anti-dilutive: 

 

    Three Months Ended  
March 31,
 
    2018     2017  
Options to purchase common stock     173,677       30,140  
Warrants to purchase common stock     914,820       33,519  
Total     1,088,497       63,659