Note 9 - Computation of Basic and Diluted Net Loss Per Share

9 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

9 . Computation of Basic and Diluted Net Loss per Share

Basic and diluted net loss per share have been computed using the weighted-average number of shares of common stock outstanding during the period.

The Company excludes securities from its diluted net loss per share computation when their effect would be antidilutive to net loss per share amounts. The following common stock equivalents were excluded from the net loss per share computation:

	Three Months Ended				Nine Months Ended
	December 31, 2016		December 31, 2015		December 31, 2016		December 31, 2015
	(in thousands)				(in thousands)
Options		4,380		2,075		4,224		1,612
Unvested restricted stock units		108		234		135		190
Warrants		2,262		2,262		2,262		2,262
Total common stock equivalents excluded from diluted net loss per common share		6,750		4,571		6,621		4,064