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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
EARNINGS PER SHARE
EARNINGS PER SHARE

We compute basic earnings per share (“basic EPS”) by dividing the net income or loss by the weighted average number of common shares outstanding for the reporting period. Diluted earnings per share (“diluted EPS”) gives effect to all dilutive potential shares outstanding. The following table provides the computation of basic and diluted earnings per share.
 
Three Months Ended
March 31,
(in thousands, except per share data)
2018
 
2017
Numerator:
 
 
 
Net loss available to common shareholders
$
(935
)
 
$
(1,685
)
Effect of dilutive securities:
 
 
 
Derivative liability - warrants
—

 
(88
)
Numerator for dilutive loss per common share
$
(935
)
 
$
(1,773
)
 
 
 
 
Denominator:
 
 
 
Weighted average shares used to compute basic loss per common share
32,878

 
30,860

Effect of dilutive securities:
 
 
 
Derivative liability - warrants
—

 
27

Denominator for dilutive loss per common share
32,878

 
30,887

 
 
 
 
Basic loss per common share
$
(0.03
)
 
$
(0.05
)
Diluted loss per common share
$
(0.03
)
 
$
(0.06
)