Net Loss Per Share

9 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Net Loss Per Share

NOTE 5- NET LOSS PER SHARE:

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

	3 Months Ended September 30,						9 Months Ended September 30,
	2018			2017			2018			2017
	($ in thousands)
NET LOSS	$	(2,011	)	$	(2,086	)	$	(5,027	)	$	(6,939	)
Beneficial conversion feature of series C preferred shares		-			-			-			(633	)
Adjustments due to extinguishment and accretion of series D and series C preferred shares					-			(407	)		-
Net loss available to common shareholders	$	(2,011	)	$	(2,086	)	$	(5,434	)	$	(7,572	)
Weighted average of Common Stock and pre-funded warrants outstanding during the period*		40,764,158			317,896			16,729,052			248,907
Basic and diluted loss per share (dollars)	$	(0.05	)	$	(6.56	)	$	(0.32	)	$	(30.42	)

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Preferred Stock and placement agent units excluded from the calculations of diluted loss per share were 45,762,531 for the nine and three-month periods ended September 30, 2018.

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Preferred Stock and placement agent units excluded from the calculations of diluted loss per share were 292,410 for the nine and three month periods ended September 30, 2017.

* For the purpose of calculating basic net loss per share, the additional shares of common stock that are issuable upon exercise of the Pre-funded Warrants have been included since the shares are issuable for a negligible consideration, as determined by the Company according to ASC 260-10-45-13, and have no vesting or other contingencies associated with them. 3,316,666 pre-funded warrants are included in the three and nine-month calculation.