| Earnings Per Share |
The following table sets forth the computation of basic and diluted net loss per share:
| | | Three months ended | | Nine months ended | | | | | September 30, | | September 30, | | | | | 2017 | | 2016 | | 2017 | | 2016 | | | Numerator: | | | | | | | | | | | | | | | Net loss applicable to common stockholders | | | | | | | | | | | | | | | Basic | | $ | (6,335) | | $ | (11,494) | | $ | (20,144) | | $ | (28,239) | | | Adjustment for revaluation of warrant liability | | | - | | | - | | | - | | | (3,030) | | | Diluted | | $ | (6,335) | | $ | (11,494) | | $ | (20,144) | | $ | (31,269) | | | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | | | Weighted-average number of shares, basic | | | 34,720 | | | 19,005 | | | 27,425 | | | 16,888 | | | Effect of dilutive warrants | | | - | | | - | | | - | | | 707 | | | Weighted-average numbers of shares, diluted | | | 34,720 | | | 19,005 | | | 27,425 | | | 17,595 | | | | | | | | | | | | | | | | | | Net loss per share, basic | | $ | (0.18) | | $ | (0.60) | | $ | (0.73) | | $ | (1.67) | | | Net loss per share, diluted | | $ | (0.18) | | $ | (0.60) | | $ | (0.73) | | $ | (1.78) | |
The following table sets forth potential shares of common stock that are not included in the calculation of diluted net loss per share because to do so would be anti-dilutive as of the end of each period presented:
| | | Three months ended | | Nine months ended | | | | | September 30, | | September 30, | | | | | 2017 | | 2016 | | 2017 | | 2016 | | | Options to purchase common stock | | | 2,972 | | | 2,474 | | | 2,972 | | | 2,474 | | | Restricted stock | | | 609 | | | - | | | 609 | | | - | | | Warrants for common stock | | | 3,426 | | | 4,085 | | | 3,426 | | | 1,963 | | | Total common stock equivalents | | | 7,007 | | | 6,559 | | | 7,007 | | | 4,437 | |
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