Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Net (Loss) per Share (Tables)

v3.8.0.1
Net (Loss) per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Net (Loss) Per Share

The following table provides the computation of basic and diluted net (loss) per share for the years ended December 31, 2017, 2016 and 2015 (in thousands, except share and per share amounts):

 

 

 

Year Ended December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

Net (loss)

 

$

(846

)

 

$

(5,723

)

 

$

(2,535

)

Deemed dividends on preferred stock

 

 

3,645

 

 

 

18,011

 

 

 

40

 

Amortization of preferred stock beneficial conversion feature

 

 

6,902

 

 

 

6,663

 

 

 

82

 

Net (loss) available to common stockholders

 

$

(11,393

)

 

$

(30,397

)

 

$

(2,657

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

 

79,426

 

 

 

77,542

 

 

 

60,526

 

Effect of potentially dilutive securities

 

 

-

 

 

 

-

 

 

 

-

 

Diluted weighted average shares outstanding

 

 

79,426

 

 

 

77,542

 

 

 

60,526

 

Basic net (loss) per share attributable to common stockholders

 

$

(0.14

)

 

$

(0.39

)

 

$

(0.04

)

Diluted net (loss) per share attributable to common stockholders

 

$

(0.14

)

 

$

(0.39

)

 

$

(0.04

)