Quarterly report pursuant to Section 13 or 15(d)

Computation of Net Loss Per Share of Common Stock

v3.7.0.1
Computation of Net Loss Per Share of Common Stock
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Computation of Net Loss Per Share of Common Stock
Computation of Net Loss Per Share of Common Stock
The following table identifies the components of net loss per basic and diluted share (in thousands, except for per share data):
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
Net loss per share – basic
 
 
 
 
 
 
 
Net loss
$
(2,611
)
 
$
(4,291
)
 
$
(6,173
)
 
$
(8,423
)
Weighted average shares outstanding – basic
9,356

 
9,236

 
9,301

 
9,227

Net loss per share – basic
$
(0.28
)
 
$
(0.46
)
 
$
(0.66
)
 
$
(0.91
)
 
 
 
 
 
 
 
 
Net loss per share – diluted
 
 
 
 
 
 
 
Loss attributable to common shareholders:
 
 
 
 
 
 
 
Net loss
$
(2,611
)
 
$
(4,291
)
 
$
(6,173
)
 
$
(8,423
)
Numerator effect of dilutive securities
 
 
 
 
 
 
 
Warrant
(11
)
 

 

 

Loss from attributable to common shareholders
$
(2,622
)
 
$
(4,291
)
 
$
(6,173
)
 
$
(8,423
)
Weighted averages shares outstanding – diluted:
 
 
 
 
 
 
 
Weighted average shares outstanding – basic
9,356

 
9,236

 
9,301

 
9,227

Denominator effect of dilutive securities
 
 
 
 
 
 
 
Stock options and restricted stock units

 

 

 

Warrant
1

 

 

 

Diluted potential common shares
1

 

 

 

Weighted average shares outstanding – diluted
9,357

 
9,236

 
9,301

 
9,227

Net loss per share – diluted
$
(0.28
)
 
$
(0.46
)
 
$
(0.66
)
 
$
(0.91
)

Stock options, warrant and restricted stock units to acquire common shares excluded from the computation of diluted weighted-average common shares as their effect is anti-dilutive were as follows (in thousands):
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2017
 
2016
 
2017
 
2016
Stock options
1,562

 
1,381

 
1,545

 
1,472

Warrant

 

 
314

 

Restricted stock units
135

 
84

 
128

 
62

Total anti-dilutive
1,697

 
1,465

 
1,987

 
1,534