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Basic and Diluted Net Loss Per Share
 12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Net Loss Per Share

NOTE 11 - BASIC AND DILUTED NET LOSS PER SHARE

 

The basic and diluted net loss per share and weighted average number of common shares used in the calculation of basic and diluted net loss per share are as follows (in thousands, except share and per share data):

 

    Year Ended December 31,  
    2016     2015  
             
Net loss attributable to shareholders of the company   $ 9,663     $ 921  
Net loss attributable to shareholders of preferred shares     (3,954 )     (360 )
Net loss used in the calculation of basic net loss per share   $ 5,709     $ 561  
Net loss per share   $ 0.40     $ 0.04  
Weighted average number of common shares     14,293,296       13,182,660  

 

As the inclusion of common share equivalents in the calculation would be anti-dilutive for all periods presented, diluted net loss per share is the same as basic net loss per share.

 

The weighted average number of common shares outstanding has been retroactively restated for the equivalent number of common shares received by the accounting acquirer as a result of the reverse recapitalization and reverse stock split as if these common shares had been outstanding as of the beginning of the earliest period presented.