(Amounts in thousands except share and per share amounts)

Three Months Ended

March 31,

2016

2015

Numerator for basic and diluted loss per share:

Net loss

$

(2,277

)

$

(2,330

)

Preferred dividends

(348

)

(204

)

Net loss available to common shareholders

$

(2,625

)

$

(2,534

)

Denominator for basic and dilutive loss per share — weighted-average shares outstanding

94,073,367

93,515,640

Net loss

$

(0.03

)

$

(0.03

)

Preferred dividends

(0.00

)

(0.00

)

Basic and diluted loss per share available to common shareholders

$

(0.03

)

$

(0.03

)