Loss Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Earnings Per Share, Basic and Diluted

Details in the computation of basic and diluted loss per share is as follows:



	Three months ended March 31,
($ in thousands except share and per share data)	2019			2018
Loss per share - basic:
Net loss	$	(3,666	)	$	(2,901	)
Less: Dividend paid in-kind to preferred stockholders	(85		)	(82		)
Less: Deemed dividend on preferred stock	(140		)	(121		)
Net loss attributable to common stockholders - basic	$	(3,891	)	$	(3,104	)

Numerator for basic loss per share	$	(3,891	)	$	(3,104	)
Denominator for basic loss per share	9,758,332			5,672,976
Basic loss per common share	$	(0.40	)	$	(0.55	)

Loss per share - diluted:
Numerator for basic loss per share	$	(3,891	)	$	(3,104	)
Adjust: Warrant revaluation income for dilutive warrants	—			—
Net loss attributable to common stockholders - diluted	$	(3,891	)	$	(3,104	)

Denominator for basic loss per share	9,758,332			5,672,976
Adjust: Incremental shares underlying dilutive “in the money” warrants outstanding	—			—
Denominator for diluted loss per share	9,758,332			5,672,976
Diluted net loss per common share	$	(0.40	)	$	(0.55	)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive securities have been excluded from the computations of diluted weighted-average shares outstanding, as their effect would be anti-dilutive:



	Three months ended March 31,
	2019	2018
“In the money” stock options	—	—
“Out of the money” stock options	286,327	266,539
“In the money” warrants	—	—
“Out of the money” warrants	7,392,966	4,969,702
Shares underlying convertible notes	1,056,068	1,056,068
Shares underlying convertible accrued interest on convertible notes	113,517	67,824
Shares underlying convertible preferred stock	744,000	712,000