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Net Loss Per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Net Loss Per Share

NOTE 4- NET LOSS PER SHARE:

 

Set forth below is data taken into account in the computation of loss per share:

 

    March 31  
    2018     2017  
    ($ in thousands expect share and share data)  
             
Net Loss   $ (2,389 )   $ (2,559 )
                 
Beneficial conversion feature of series C preferred shares             (633 )
Extinguishment of series C preferred shares     (49 )        
                 
Adjusted Loss   $ (2,438 )   $ (3,192 )
Weighted average of Ordinary Shares                
outstanding during the period     2,253,945       112,756  
Basic and diluted loss per share (dollars)   $ (1.08 )   $ (28.31 )

 

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Preferred Stock, Series D Preferred Stock and the unexercised portion of the placement agent unit purchase option excluded from the calculations of diluted loss per share were 2,068,500 for the three-month period ended March 31, 2018.

 

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Preferred Stock and the unexercised portion of the placement agent unit purchase option excluded from the calculations of diluted loss per share were 425,743 for the three-month period ended March 31, 2017.