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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2018
Earnings Per Share [Abstract]  
Details of Basic and Diluted Earnings Per Share

The following table sets forth the details of basic and diluted earnings per share:

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(unaudited, in thousands, except per share amounts)

 

 

(unaudited, in thousands, except per share amounts)

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(2,177

)

 

$

(1,952

)

 

$

(4,558

)

 

$

(4,832

)

Dividends paid to preferred stockholders

 

 

(185

)

 

 

 

 

 

(326

)

 

 

 

Net loss available to common stockholders

 

$

(2,362

)

 

$

(1,952

)

 

$

(4,884

)

 

$

(4,832

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – basic

 

 

21,888

 

 

 

13,179

 

 

 

18,612

 

 

 

12,674

 

Potential common shares – options / warrants

   (treasury stock method)

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding – diluted

 

 

21,888

 

 

 

13,179

 

 

 

18,612

 

 

 

12,674

 

Shares excluded (anti-dilutive)

 

 

 

 

 

 

 

 

 

 

 

 

Shares excluded due to an exercise price greater

   than weighted average stock price for the period

 

 

7,100

 

 

 

1,973

 

 

 

3,930

 

 

 

1,869

 

Net loss per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.11

)

 

$

(0.15

)

 

$

(0.26

)

 

$

(0.38

)

Diluted

 

$

(0.11

)

 

$

(0.15

)

 

$

(0.26

)

 

$

(0.38

)