LOSS PER COMMON SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Calculations of Basic and Diluted Loss per Common Share

The calculations of basic and diluted loss per common share for the three month periods ended March 31, 2016 and 2015 are as follows:

	Three Months Ended
	March 31,
	2016			2015
	(in thousands, except per share amounts)
Net loss – basic and diluted	$	(4,288	)	$	(2,105	)
Weighted-average shares outstanding – basic and diluted		13,963			13,738
Basic and diluted loss per common share	$	(0.31	)	$	(0.15	)