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Loss Per Share
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Loss Per Share

(5) LOSS PER SHARE

Basic loss per share is computed by dividing net loss by the weighted average number of common shares outstanding during the period. Diluted earnings (loss) per share is computed by dividing net loss by the weighted-average number of common shares outstanding and the number of dilutive potential common share equivalents during the period, calculated using the treasury-stock method. The effects of potential common stock equivalents, related to outstanding options for the years ended December 31, 2015 and 2014, totaling 1,685,250 and 1,841,769, respectively, have not been included in the computation of diluted net earnings (loss) per share because the impact of the potential shares would decrease the earnings (loss) per share. For the years ended December 31, 2015 and 2014 there were no dilutive common stock equivalents.

The calculation of basic and diluted earnings (loss) per share for the years ended December 31, 2015 and 2014 is as follows:

 

 

 

2015

 

 

2014

 

BASIC

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(2,911

)

 

$

(6,199

)

Weighted average shares outstanding—basic

 

 

31,271,234

 

 

 

31,207,672

 

Net loss per share—basic

 

$

(0.09

)

 

$

(0.20

)

DILUTED

 

 

 

 

 

 

 

 

Net loss attributable to common stockholders

 

$

(2,911

)

 

$

(6,199

)

Weighted average shares outstanding—basic

 

 

31,271,234

 

 

 

31,207,672

 

Dilutive securities

 

 

 

 

 

 

Weighted average shares outstanding, diluted

 

 

31,271,234

 

 

 

31,207,672

 

Net loss per share, diluted

 

$

(0.09

)

 

$

(0.20

)