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Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2016
Net Loss Per Common Share  
Schedule of computation of basic and diluted loss per share

The following table sets forth the computation of basic and diluted loss per share (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

    

2016

    

2015

    

2016

    

2015

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(1,391)

 

$

(1,611)

 

$

(3,494)

 

$

(3,890)

 

Adjustment for Series A preferred stock redemption value accretion

 

 

(150)

 

 

(149)

 

 

(299)

 

 

(2,666)

 

Net loss attributed to common stock holders

 

$

(1,541)

 

$

(1,760)

 

$

(3,793)

 

$

(6,556)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted weighted average common shares outstanding

 

 

3,626,825

 

 

2,952,578

 

 

3,547,795

 

 

2,533,665

 

Basic and diluted net loss per share

 

$

(0.42)

 

$

(0.60)

 

$

(1.07)

 

$

(2.59)

 

 

Schedule of potential common shares not considered in computation of diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

    

2016

    

2015

    

2016

    

2015

 

Restricted stock awards

 

76,218

 

690,163

 

76,218

 

690,163

 

Stock options

 

302,842

 

102,130

 

302,842

 

102,130

 

Series A

 

745,637

 

745,637

 

745,637

 

745,637

 

Convertible notes

 

1,642,587

 

 

1,642,587