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Loss Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Loss Per Share

NOTE 5 – LOSS PER SHARE

On June 30, 2015, the Company’s Board of Directors approved a plan under which the Company discontinued operation of the Advertising Business, related financial results of which were then reclassified into discontinued operations.

The information related to basic and diluted loss per share is as follows:

 

     Three months ended
June 30, 2015
     Six months ended
June 30, 2015
 

Numerator:

     

Net loss from continuing operations

   $ (3,981    $ (5,544

Net loss from discontinued operations

     (41,489      (41,563
  

 

 

    

 

 

 
   $ (45,470    $ (47,107

Denominator:

     

Weighted average shares outstanding - Basic and diluted

     13,896,948         10,710,334   

Loss per share:

     

Basic and diluted:

     

Continuing operations

   $ (0.29    $ (0.52

Discontinued operations

     (2.99      (3.88
  

 

 

    

 

 

 
   $ (3.28    $ (4.40