| Schedule of Basic and Diluted Net Loss Per Share |
The following table sets forth the computation
of the Company’s basic and diluted net loss per share during the years ended December 31, 2017 and 2016:
| |
|
Year Ended December 31, |
|
| |
|
2017 |
|
|
2016 |
|
| Numerator |
|
|
|
|
|
|
|
|
| Net loss from continuing operations |
|
$ |
(50,921,024 |
) |
|
$ |
(22,624,648 |
) |
| Deemed dividend from trigger of down round provision feature |
|
|
(53,341,619 |
) |
|
|
- |
|
| Net loss attributable to common stockholders, continuing operations |
|
$ |
(104,262,643 |
) |
|
$ |
(22,624,648 |
) |
| Net loss from discontinued operations |
|
$ |
(4,276,918 |
) |
|
$ |
(9,989,039 |
) |
| Net loss |
|
$ |
(108,539,561 |
) |
|
$ |
(32,613,687 |
) |
| |
|
|
|
|
|
|
|
|
| Denominator |
|
|
|
|
|
|
|
|
| Basic and diluted weighted average common shares outstanding |
|
|
2,308,090 |
|
|
|
72,062 |
|
| |
|
|
|
|
|
|
|
|
| Loss per share, basic and diluted |
|
|
|
|
|
|
|
|
| Basic and diluted, continuing operations |
|
$ |
(45.17 |
) |
|
$ |
(313.96 |
) |
| Basic and diluted, discontinued operations |
|
$ |
(1.85 |
) |
|
$ |
(138.62 |
) |
| Total basic and diluted |
|
$ |
(47.02 |
) |
|
$ |
(452.58 |
) |
|
| Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share |
As of December 31, 2017 and 2016, the
following potential common stock equivalents were excluded from the calculation of diluted loss per share as their effect was anti-dilutive:
| |
|
Year Ended December 31, |
|
| |
|
2017 |
|
|
2016 |
|
| Warrants |
|
|
2,176,403,218 |
|
|
|
93,843 |
|
| Convertible preferred stock |
|
|
179,781,292 |
|
|
|
248,444 |
|
| Convertible debentures |
|
|
326,919,506 |
|
|
|
95,198 |
|
| Stock options |
|
|
38,478 |
|
|
|
47,268 |
|
| |
|
|
2,683,142,494 |
|
|
|
484,753 |
|
|