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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The following table provides the computation of basic and diluted earnings per share.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
(in thousands, except per share data)
2018
 
2017
 
2018
 
2017
Numerator:
 
 
 
 
 
 
 
Net loss available to common shareholders
$
(272
)
 
$
(1,308
)
 
$
(1,207
)
 
$
(2,993
)
Effect of dilutive securities:
 
 
 
 
 
 
 
Derivative liability - warrants

 

 

 

Numerator for dilutive loss per common share
$
(272
)
 
$
(1,308
)
 
$
(1,207
)
 
$
(2,993
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares used to compute basic loss per common share
32,890

 
30,860

 
32,884

 
30,860

Effect of dilutive securities:
 
 
 
 
 
 
 
Derivative liability - warrants

 

 

 

Denominator for dilutive loss per common share
32,890

 
30,860

 
32,884

 
30,860

 
 
 
 
 
 
 
 
Basic loss per common share
$
(0.01
)
 
$
(0.04
)
 
$
(0.04
)
 
$
(0.10
)
Diluted loss per common share
$
(0.01
)
 
$
(0.04
)
 
$
(0.04
)
 
$
(0.10
)
 
 
 
 
 

 

Anti-dilutive instruments excluded from diluted loss per common share:
 
 
 
 
 
 
 
Warrants
14

 
3

 
10

 
16

Options
1,061

 
500

 
821

 
805