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Note 12 - Loss Per Common Share
 12 Months Ended
Dec. 31, 2015
Notes to Financial Statements  
Earnings Per Share [Text Block]
Note
12
.  
Loss
Per Common Share
 
 
The computation of basic net loss per share is based on the weighted average number of common shares outstanding for the period ended December 31, 2015 and December 31, 2014
for the Successor Company and Predecessor, respectively. The
Predecessor
diluted net loss per share for the period ended October 15, 2014
will also reflect the weighted average of the underlying Warrant Shares issuable upon exercise of the 615,997 warrants at the exercise price of $0.01 per share. In accordance with the accounting literature, the Company has given effect to the issuance of these warrants in computing basic net loss per share because the underlying shares are issuable for little or no cash consideration. Diluted net loss per share gives effect to stock awards, stock options and restricted stock units using the treasury stock method, unless the impact is anti-dilutive. Diluted net loss per share for the year ended December 31, 2015 does not include 784,613 unvested stock awards, 1,377,337 stock options and 3,045,327 warrants as their effect was anti-dilutive. Diluted net loss per share for the Successor Period ended December 31, 2014 does not include 900,900 stock awards, 2,477,477 stock options and 3,045,327 warrants as their effect was anti-dilutive. Diluted net loss per share as of October 15, 2014 does not include 123,667 restricted stock units and 1,727,667 stock options as their effect was anti-dilutive. Diluted net loss per share for the year ended December 31, 2013 does not include 123,667 restricted stock units and 1,727,667 stock options as their effect was anti-dilutive.     
 
 
 
Successor
 
 
Predecessor
 
 
 
2015
 
 
October 16,
To
December 31,
2014
 
 
January 1,
To
October 15,
2014
 
 
2013
 
Net Loss
   $ (148,296,965 )   $ (11,548,728
)
   $ (531,803,257
)
   $ (70,521,383
)
Weighted Average Shares-Basic
     37,617,358       37,504,541       17,857,408       16,983,913  
Dilutive effect of stock options and restricted stock units
     -       -       -       -  
Weighted Average Shares Diluted
     37,617,358       37,504,541       17,857,408       16,983,913  
Basic loss Per Share
   $ (3.94
)
   $ (0.31
)
   $ (29.78
)
   $ (4.15
)
Diluted loss Per Share
   $ (3.94
)
   $ (0.31
)
   $ (29.78
)
   $ (4.15
)