Basis of Presentation (Tables)

3 Months Ended

Mar. 31, 2018

Schedule of Reconciliation of Weighted Average Shares Used in Basic and Diluted Net (Loss) Income Per Common Share Calculations

The following table is a reconciliation of the weighted average shares used in the basic and diluted net (loss) income per common share calculations for the periods indicated:

	Three Months Ended
	March 31,
(Unaudited)	2018		2017
Basic weighted average common shares outstanding		24,559,132		21,822,015
Potentially dilutive securities
Warrants		—		760,000
Restricted stock units		—		251,600
Diluted weighted average common shares outstanding		24,559,132		22,833,615

Schedule of Potentially Dilute Earnings Per Share in Future Were Excluded in the Computation of Diluted Net (Loss) Income Per Share as They Were Anti-dilutive

The following securities could potentially dilute earnings per share in the future, but were excluded from the computation of diluted net (loss) income per share, as their effect would have been antidilutive:

	Three Months Ended
	March 31,
(Unaudited)	2018		2017
Preferred stock		14,004,823		—
Warrants		760,000		—
Stock appreciation rights		690,000		—
Restricted stock units		448,709		—