Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Net Loss Per Common Share (Tables)

v3.19.2
Basic and Diluted Net Loss Per Common Share (Tables)
6 Months Ended
Jun. 30, 2019
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Loss Per Share

Below are basic and diluted loss per share data for the three months ended June 30, 2019, which are in thousands except for share and per share data:

 

    Basic Calculation     Effect of Dilutive Warrant Securities     Diluted Calculation  
Numerator:                        
Loss from continuing operations   $ (730 )   $ (632 )   $ (1,362 )
Deemed dividend and accretion of a discount     (2,358 )     -       (2,358 )
Net loss attributable to common stockholders   $ (3,088 )   $ (632 )   $ (3,720 )
                         
Denominator:                        
Number of shares used in per common share calculations:     931,859       -       931,859  
                         
Net loss per common share:                        
Loss from continuing operations   $ (0.78 )   $ -     $ (1.46 )
Deemed dividend and accretion of a discount     (2.53 )     -       (2.53 )
Net loss attributable to common stockholders   $ (3.31 )   $ -     $ (3.99 )

 

Below are basic and diluted loss per share data for the six months ended June 30, 2019, which are in thousands except for share and per share data:

 

    Basic Calculation     Effect of Dilutive Warrant Securities     Diluted Calculation  
Numerator:                        
Loss from continuing operations   $ (2,359 )   $ (609 )   $ (2,968 )
Deemed dividend and accretion of a discount     (2,358 )     -       (2,358 )
Net loss attributable to common stockholders   $ (4,717 )   $ (609 )   $ (5,326 )
                         
Denominator:                        
Number of shares used in per common share calculations:     829,724       -       829,724  
                         
Net loss per common share:                        
Loss from continuing operations   $ (2.84 )   $ -     $ (3.58 )
Deemed dividend and accretion of a discount     (2.84 )     -       (2.84 )
Net loss attributable to common stockholders   $ (5.68 )   $ -     $ (6.42 )

 

Below are basic and diluted loss per share data for the three months ended June 30, 2018, which are in thousands except for share and per share data:

 

    Basic Calculation     Effect of Dilutive Warrant Securities     Diluted Calculation  
Numerator:                        
Loss from continuing operations   $ (2,181 )   $ (1,610 )   $ (3,791 )
Income from discontinued operations     (131 )     -       (131 )
Deemed dividend and accretion of a discount     (7,334 )     -       (7,334 )
Net loss attributable to common stockholders   $ (9,646 )   $ (1,610 )   $ (11,256 )
                         
Denominator:                        
Number of shares used in per common share calculations:     194,933       119,421       314,354  
                         
Net loss per common share:                        
Loss from continuing operations   $ (11.19 )   $ -     $ (12.06 )
Loss from discontinued operations     (0.67 )     -       (0.42 )
Deemed dividend and accretion of a discount     (37.62 )     -       (23.33 )
Net loss attributable to common stockholders   $ (49.48 )   $ -     $ (35.81 )

 

Below are basic and diluted loss per share data for the six months ended June 30, 2018, which are in thousands except for share and per share data:

 

    Basic Calculation     Effect of Dilutive Warrant Securities     Diluted Calculation  
Numerator:                        
Loss from continuing operations   $ (5,666 )   $ (362 )   $ (6,028 )
Income from discontinued operations     (44 )     -       (44 )
Deemed dividend and accretion of a discount     (7,334 )     -       (7,334 )
Net loss attributable to common stockholders   $ (13,044 )   $ (362 )   $ (13,406 )
                         
Denominator:                        
Number of shares used in per common share calculations:     154,545       -       154,545  
                         
Net loss per common share:                        
Loss from continuing operations   $ (36.66 )   $ -     $ (39.01 )
Loss from discontinued operations     (0.28 )     -       (0.28 )
Deemed dividend and accretion of a discount     (47.46 )     -       (47.46 )
Net loss attributable to common stockholders   $ (84.40 )   $ -     $ (86.75 )