EX-11 2 december312017exhibit11.htm EXHIBIT 11
EXHIBIT 11
COMPUTATION OF EARNINGS (LOSS) PER SHARE
(Unaudited)

|  | Three Months Ended December 31, |  | Nine Months Ended December 31,
$ in thousands except per share data |  | 2017 |  | 2016 Restated (1) |  | 2017 |  | 2016 Restated (1)
Net loss(1) |  | $ | (944 | ) |  | $ | (893 | ) |  | $ | (2,179 | ) |  | $ | (819 | )
Weighted average common shares outstanding - basic |  | 3,698,020 |  |  | 3,697,220 |  |  | 3,697,753 |  |  | 3,696,968 |
Weighted average common shares outstanding - diluted |  | 3,698,020 |  |  | 3,697,220 |  |  | 3,697,753 |  |  | 3,696,968 |
Basic loss per common share (1) |  | $ | (0.26 | ) |  | $ | (0.24 | ) |  | $ | (0.59 | ) |  | $ | (0.22 | )
Diluted loss per common share (1) |  | $ | (0.26 | ) |  | $ | (0.24 | ) |  | $ | (0.59 | ) |  | $ | (0.22 | )

(1) December 31, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.