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Earnings (Loss) Per Common Share (Tables)
12 Months Ended
Dec. 31, 2013
Earnings (Loss) Per Common Share [Abstract]  
Computation of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

Basic

 

 

 

 

 

 

    Net loss

$

(918)

$

(3,766)

$

(5,425)

    Less: Preferred dividends and accretion of discount on

 

 

 

 

 

 

       preferred stock

 

 -

 

4,632 

 

(425)

    Less: Net loss allocated to unvested share-based

 

 

 

 

 

 

       payment awards

 

 -

 

 -

 

34 

    Net earnings (loss) allocated to common stockholders

$

(918)

$

866 

$

(5,816)

 

 

 

 

 

 

 

    Weighted average common shares outstanding

 

 

 

 

 

 

       including unvested share-based payment awards

 

15,823,834 

 

6,317,032 

 

825,376 

    Less: Unvested share-based payment awards

 

(210)

 

(2,331)

 

(4,801)

    Average shares

 

15,823,624 

 

6,314,701 

 

820,575 

    Basic earnings ( loss) per common share

$

($0.06)

$

$
0.14 

$

($7.09)

 

 

 

 

 

 

 

Diluted

 

 

 

 

 

 

    Net earnings (loss) allocated to common stockholders

$

(918)

$

866 

$

(5,816)

    Weighted average common shares outstanding for basic

 

 

 

 

 

 

       earnings (loss) per common share

 

15,823,624 

 

6,314,701 

 

820,575 

    Add: Dilutive effects of assumed exercises of stock

 

 -

 

948 

 

 -

       options

 

 

 

 

 

 

    Add: Dilutive effects of assumed exercises of stock warrant

 

 -

 

 -

 

 -

    Average shares and dilutive potential common shares

 

15,823,624 

 

6,315,649 

 

820,575 

    Diluted earnings (loss) per common share

$

($0.06)

$

$
0.14 

$

($7.09)

 

Summary of Anti-Dilutive Options or Warrants

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

Stock options

 

639,686 

 

40,502 

 

43,296 

Stock warrants

 

 -

 

49,474 

 

67,314