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Net Loss per Common Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share, Basic and Diluted [Abstract]  
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