2. Loss per share

Basic loss per share is computed by dividing net loss attributable to common shareholders by the weighted average number of common shares outstanding during the periods. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock and is calculated using the treasury stock method for stock options and unvested shares. Common equivalent shares are excluded from the calculation in the loss periods as their effects would be anti-dilutive.

On March 19, 2015, the Company effected a one-for-five reverse stock split (the “Reverse Split”). The principal effect of the Reverse Split was to decrease the number of outstanding shares of the Company’s common stock. All per share amounts and shares outstanding for all the periods presented have been retroactively restated to reflect the Reverse Split.

The information related to basic and diluted loss per share for the three months ended March 31, 2016 and 2015 is as follows:

	Three Months Ended
	March 31,
(In thousands)	2016			2015
Numerator:
Net loss from continuing operations	$	(6,772	)	$	(1,563	)
Net loss from discontinued operations attributable to IDI		-			(74	)
Net loss	$	(6,772	)	$	(1,637	)
Denominator:
Weighted average shares outstanding - Basic and diluted		27,468,214			7,488,314
Loss per share:
Basic and diluted:
Continuing operations	$	(0.25	)	$	(0.21	)
Discontinued operations		-			(0.01	)
	$	(0.25	)	$	(0.22	)