4. Net Loss Per Common Share

3 Months Ended

Mar. 31, 2018

Net Loss Per Common Share

Net Loss Per Common Share

Basic net loss per common share is computed by dividing the net loss for the period by the weighted-average number of common shares outstanding during the period. Diluted net loss per common share is computed giving effect to all dilutive common stock equivalents, consisting of common stock options and warrants. Diluted net loss per common share for the three months ended March 31, 2018 and 2017 is the same as basic net loss per common share because the common share equivalents were anti-dilutive due to the net loss. The following table sets forth the computation of basic and diluted net loss per common share:

	Three Months Ended March 31,
	2018			2017
Net loss (in thousands)	$	(63	)	$	(515	)
Weighted-average share reconciliation:
Weighted-average basic shares outstanding		14,287,734			13,699,389
Diluted shares outstanding		14,287,734			13,699,389
Net loss per common share:
Basic	$	(0.00	)	$	(0.04	)
Diluted	$	(0.00	)	$	(0.04	)

Common stock equivalent shares are not included in the computation of diluted loss per share, as the Company has a net loss and the inclusion of such shares would be anti-dilutive due to the net loss. At March 31, 2018 and 2017, the common stock equivalent shares were, as follows:

	March 31,		March 31,
	2018		2017
Shares of common stock issuable under equity incentive plans outstanding		3,842,428		4,020,050
Common stock equivalent shares excluded from diluted net loss per share		3,842,428		4,020,050