EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share Tables

Basic and diluted earnings per share

	Year Ended December 31,
(in thousands, except per share data)	2015			2014			2013
Numerator:
Net income (loss) available to common
shareholders	$	8,364		$	(18,214	)	$	(6,994	)
Effect of dilutive securities
Derivative liability - warrants	$	(1,799	)	$	-		$	-
Accretion on convertible preferred stock	$	222		$	-		$	-
Numerator for diluted income (loss) per common share	$	6,787		$	(18,214	)	$	(6,994	)

Denominator:
Weighted average shares used to compute basic income (loss) per common share		24,333		17,756			17,670
Effect of dilutive securities:
Derivative liability - warrants		28		-			-
Convertible preferred stock		3,137		-			-
Stock options		249		-			-
Denominator for diluted income (loss) per common share		27,747		17,756			17,670
Basic income (loss) per common share	$	0.34	$	(1.03	)	$	(0.40	)
Diluted income (loss) per common share	$	0.24	$	(1.03	)	$	(0.40	)