Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Schedule of computation of potentially dilutive securities

For all periods presented in this report, convertible notes, stock options, and warrants were not included in the computation of diluted net loss per share because such inclusion would have had an antidilutive effect.

 

    Six months ended  
    June 30,  
Excluded potentially dilutive securities (1):   2017     2016  
             
Convertible note - principal     702,247       702,247  
Consulting warrants to purchase common stock           461,364  
Options to purchase common stock     908,541       853,685  
Financing warrants to purchase common stock     2,340,828       3,295,258  
Total potential dilutive securities     3,951,616       5,312,554  

 

(1) The number of shares is based on the maximum number of shares issuable on exercise or conversion of the related securities as of the period end. Such amounts have not been adjusted for the treasury stock method or weighted average outstanding calculations as required if the securities were dilutive.