16. Net Loss per Share

The Company computes net loss per share in accordance with ASC 260-10, Earnings per Share (see Note 2, Significant Accounting Policies – Income (Loss) per Share).

The denominators used in the net loss per share computations are as follows:

 

		Year Ended December 31,
		2016				2015				2014
Basic:
Weighted average shares outstanding			27,279,008				24,620,372				20,965,935
Diluted:
Weighted average shares outstanding - Basic			27,279,008				24,620,372				20,965,935
Common stock options *			—				—				—
Demoninator for diluted net loss per share			27,279,008				24,620,372				20,965,935

 

*	No amounts were considered as their effects would be anti-dilutive.

Basic and diluted net loss per share are computed as follows:

 

		Year Ended December 31,
		2016				2015				2014
Net loss		$	(57,280	)		$	(24,690	)		$	(17,745	)
Weighted-average common shares outstanding:
Basic and Diluted			27,279,008				24,620,372				20,965,935
Net loss per share:
Basic and Diluted		$	(2.10	)		$	(1.00	)		$	(0.85	)

As of December 31, 2016, and 2015, 2,548,408 and 1,658,408 stock options, respectively, were outstanding, which could potentially dilute basic earnings per share in the future, but were not included in the computation of diluted net loss per share because to do so would have been anti-dilutive.