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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Calculation of net loss and number of shares used to compute basic and diluted earnings per share

The calculation of net loss and the number of shares used to compute basic and diluted earnings per share for the years ended December 31, 2016 and 2015 are as follows:

 

(in thousands, except share data)

 

2016

 

 

2015

 

Net loss – basic and diluted

 

$

(17,971

)

 

$

(14,704

)

Net loss per share – basic and diluted

 

 

(10.59

)

 

 

(14.56

)

Weighted average shares outstanding – basic and diluted

 

 

1,696,237

 

 

 

1,010,105

 

 

Shares excluded from the computation of diluted EPS

Shares excluded from the computation of diluted EPS:

 

 

 

2016

 

 

2015

 

Stock options

 

 

41,356

 

 

 

47,221

 

Unvested restricted shares

 

 

18,993

 

 

 

35,955

 

Warrants

 

 

7,216,020

 

 

 

1,128,688

 

Total

 

 

7,276,369

 

 

 

1,211,864