Net Loss Per Share

9 Months Ended

Sep. 30, 2019

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:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	($ in thousands)
NET LOSS	$	(2,070	)	$	(2,011	)	$	(7,483	)	$	(5,027	)
Adjustments due to extinguishment and accretion of series D and series C preferred shares											(407	)
Adjusted Loss	$	(2,070	)	$	(2,011	)	$	(7,483	)	$	(5,434	)
Weighted average of Common Stock outstanding during the period		1,648,302			815,283			1,293,321			334,581
Basic and diluted loss per share (dollars)	$	(1.26	)	$	(2.47	)	$	(5.79	)	$	(16.24	)

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Convertible Preferred Stock and placement agent units excluded from the calculations of diluted loss per share were 5,001,451 for nine and three month period ended September 30, 2019.

The total number of shares of common stock related to outstanding options, warrants, restricted stock, Series C Convertible Preferred Stock, Series Convertible D Preferred Stock and placement agent units excluded from the calculations of diluted loss per share were 915,599 for the nine and three month period ended September 30, 2018.

* 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. 720,333 Pre-funded Warrants are included in the three and nine month calculation.