Net Income (Loss) Per Share

3 Months Ended

Mar. 31, 2018

Earnings Per Share [Abstract]

Net Income (Loss) Per Share

10. Net Income (Loss) Per Share

Basic net income (loss) per share excludes any dilutive effects of options, warrants or our senior secured convertible notes (the “2016 Notes”) due on April 1, 2019. The Company computes basic net income (loss) per share using the weighted average number of shares of its Class A common stock outstanding during the period. The Company computes diluted net income (loss) per share using the weighted average number of shares of its Class A common stock and common stock equivalents outstanding during the period. The Company excluded common stock equivalents of 7.5 million and 6.5 million for the three months ended March 31, 2018 and 2017, respectively, from the computation of diluted net loss per share because their effect was antidilutive.

	For the Three Months Ended  March 31,
(In thousands, except per share data)	2018			2017
Numerator for basic and diluted net loss per share	$	(4,338	)	$	(4,034	)
Denominator:
Weighted average shares for basic net loss per share		10,210			4,709
Effect of dilutive securities:
Weighted average of common stock, stock options and warrants		-			-
Denominators for diluted net loss per share		10,210			4,709
Net loss per share—basic and diluted	$	(0.42	)	$	(0.86	)