Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Common Share (Tables)

v3.7.0.1
Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The Company calculated the potential diluted (loss) earnings per share in accordance with ASC 260, as follows (in thousands, except per share amounts):
 
 
 
Three Months Ended Ended June 30,
 
Six Months Ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Numerator:
 
 
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income from continuing operations (numerator for basic and diluted earnings per share)
 
$
(4,204)
 
$
1,357
 
$
(11,201)
 
$
(6,671)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average shares outstanding (denominator for basic earnings per share)
 
 
45,236,890
 
 
28,169,843
 
 
38,015,273
 
 
27,731,465
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effect of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Assumed vesting of restricted stock, treasury stock method
 
 
-
 
 
398,757
 
 
-
 
 
-
 
Dilutive potential common shares
 
 
-
 
 
398,757
 
 
-
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator for diluted earnings per share- weighted average shares and assumed potential common shares
 
 
45,236,890
 
 
28,568,600
 
 
38,015,273
 
 
27,731,465
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic (loss) earnings from continuing operations per share
 
$
(0.09)
 
$
0.05
 
$
(0.29)
 
$
(0.24)
 
Diluted (loss) earnings from continuing operations per share
 
$
(0.09)
 
$
0.05
 
$
(0.29)
 
$
(0.24)
 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:
 
 
 
Three Months Ended Ended June 30,
 
Six Months Ended Ended June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
Options
 
 
9,210,498
 
 
7,427,279
 
 
9,210,498
 
 
7,427,279
 
Warrants
 
 
5,171,672
 
 
3,365,407
 
 
5,171,672
 
 
3,365,407
 
Non-vested restricted stock
 
 
2,616,026
 
 
460,001
 
 
2,616,026
 
 
1,480,041
 
Total potentially dilutive shares
 
 
16,998,196
 
 
11,252,687
 
 
16,998,196
 
 
12,272,727