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Net Income (Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Reconciliation of the Numerators and Denominators of Basic and Diluted Net Loss Per Common Share

The following is a reconciliation of the numerators and denominators of basic and diluted net loss per common share:

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Numerator:

 

 

 

 

 

 

 

 

Net loss used to compute net loss per common share:

 

 

 

 

 

 

 

 

Basic

 

$

(7,517

)

 

$

(3,263

)

Adjustment for change in fair value of liability classified stock options

 

 

(133

)

 

 

 

Diluted

 

$

(7,650

)

 

$

(3,263

)

Denominator:

 

 

 

 

 

 

 

 

Weighted average number of common shares:

 

 

 

 

 

 

 

 

Basic

 

 

17,946,209

 

 

 

14,394,000

 

Adjustment for dilutive effect of stock options

 

 

28,260

 

 

 

 

Diluted

 

 

17,974,469

 

 

 

14,394,000

 

Net loss per common share - basic

 

$

(0.42

)

 

$

(0.23

)

Net loss per common share - diluted

 

$

(0.43

)

 

$

(0.23

)