Computation of Net Loss per Common Share |
The table below presents the computation of basic and diluted net losses per common share: | | For the year ended December 31, | | | | 2015 | | 2014 | | Basic Numerator: | | | | | | | | Loss from continuing operations attributable to shares of common stock | | $ | (11,157) | | $ | (109,222) | | Loss from discontinued operations attributable to shares of common stock | | | — | | | (455) | | Net loss attributable to shares of common stock | | $ | (11,157) | | $ | (109,677) | | Basic Denominator: | | | | | | | | Weighted average number of shares of common stock outstanding during the year | | | 10,217,734 | | | 8,964,033 | | Weighted average number of penny stock options | | | — | | | — | | Basic common stock shares outstanding | | | 10,217,734 | | | 8,964,033 | | Basic loss per common stock share from continuing operations | | $ | (1.09) | | $ | (12.18) | | Basic loss per common stock share from discontinued operations | | | — | | | (0.06) | | Basic net loss per common stock share | | $ | (1.09) | | $ | (12.24) | | | | | | | | | | Diluted Numerator: | | | | | | | | Net loss from continuing operations attributable to shares of common stock | | $ | (11,157) | | $ | (109,222) | | Increase in net loss attributable to derivative warrants | | | — | | | (2,201) | | Diluted net loss from continuing operations attributable to shares of common stock | | | (11,157) | | | (111,423) | | Diluted net loss from discontinued operations attributable to shares of common stock | | | — | | | (455) | | Diluted net loss attributable to shares of common stock | | $ | (11,157) | | $ | (111,878) | | | | | | | | | | Diluted Denominator: | | | | | | | | Basic common stock shares outstanding | | | 10,217,734 | | | 8,964,033 | | Shares assumed issued upon exercise of derivative warrants during the year | | | — | | | 84,941 | | Diluted common stock shares outstanding | | | 10,217,734 | | | 9,048,974 | | Diluted loss per common stock share from continuing operations | | $ | (1.09) | | $ | (12.31) | | Diluted loss per common stock share from discontinued operations | | | — | | | (0.05) | | Diluted net loss per common stock share | | $ | (1.09) | | $ | (12.36) | | | | | | | | | | Net loss per share data presented excludes from the calculation of diluted net loss the following potentially dilutive securities, as they had an anti-dilutive impact: | | | | | | | | Both vested and unvested options to purchase an equal number of shares of common stock of the Company | | | 871,484 | | | 805,235 | | Unvested RSUs to issue an equal number of shares of common stock of the Company | | | 53,280 | | | 119,636 | | Warrants to purchase an equal number of shares of common stock of the Company | | | 1,006,679 | | | 1,655,324 | | Conversion feature of Senior Secured Notes | | | 1,250,000 | | | — | | Total number of potentially dilutive instruments, excluded from the calculation of net loss per share | | | 3,181,443 | | | 2,580,195 | |
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