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Basic and Diluted Net Loss Per Share

12 Months Ended

Dec. 31, 2017

NOTE 10 - 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):

	Years Ended December 31,
	2017		2016
Net loss attributable to shareholders of the Company	$	7,589	$	9,663

Net loss attributable to shareholders of preferred shares		1,582		3,954

Net loss used in the calculation of basic net loss per share	$	6,007	$	5,709

Net loss per share	$	0.18	$	0.40

Weighted average number of common shares		32,682,401		14,293,737

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.