For the Three Months Ended September 30,

For the Nine Months Ended September 30,

2016

2015

2016

2015

Basic earnings per share

Numerator:

Net Loss

$

(446

)

$

(2,726

)

$

(2,573

)

$

(47,120

)

Deemed capital contribution on extinguishment of preferred stock

-

31,480

-

Net (loss) income available to common stockholders

$

(446

)

$

(2,726

)

$

28,907

$

(47,120

)

Denominator:

Weighted average number of common shares outstanding,

4,163,245

1,744,394

3,312,969

1,586,373

Earnings per basic share:

Net Loss

(0.11

)

(1.56

)

(0.78

)

(29.70

)

Deemed capital contribution on extinguishment of preferred stock

-

9.50

-

Net (loss) income available to common stockholders

$

(0.11

)

$

(1.56

)

$

8.72

$

(29.70

)

Dilutive earnings per share

Numerator:

Net Loss

$

(446

)

$

(2,726

)

$

(2,573

)

$

(47,120

)

Deemed capital contribution on extinguishment of preferred stock

-

31,480

-

Net (loss) income available to common stockholders

$

(446

)

$

(2,726

)

$

28,907

$

(47,120

)

Denominator:

Weighted average basic shares outstanding,

4,163,245

1,744,394

3,312,969

1,586,373

Weighted average effect of dilutive securities

Employee stock options

-

260

-

Convertible preferred stock

-

173,418

-

Restricted stock units

-

17,088

-

Weighted average diluted shares outstanding

4,163,245

1,744,394

3,503,735

1,586,373

Earnings per diluted share:

Net Loss

$

(0.11

)

$

(1.56

)

$

(0.73

)

$

(29.70

)

Deemed capital contribution on extinguishment of preferred stock

-

8.98

-

Net (loss) income available to common stockholders

$

(0.11

)

$

(1.56

)

$

8.25

$

(29.70

)