(Amounts in thousands except share and per share amounts)

Three Months Ended

September 30,

Nine Months Ended

September 30,

2016

2015

2016

2015

Numerator for basic and diluted loss per share:

Net loss

$

(2,431

)

$

(1,858

)

$

(6,822

)

$

(5,952

)

Preferred dividends

(317

)

(306

)

(986

)

(812

)

Net loss available to common shareholders

$

(2,748

)

$

(2,164

)

$

(7,808

)

$

(6,764

)

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

94,550,721

93,867,339

94,309,309

93,690,097

Net loss

$

(0.03

)

$

(0.02

)

$

(0.07

)

$

(0.06

)

Preferred dividends

(0.00

)

(0.00

)

(0.01

)

(0.01

)

Basic and diluted loss per share available to common shareholders

$

(0.03

)

$

(0.02

)

$

(0.08

)

$

(0.07

)