| Schedule of Restatement |
The impact of this change for the three
and nine month periods ended September 30, 2017 is as follows (in thousands, except share and per share data):
| |
|
Three months ended September 30, 2017 |
|
| |
|
As Previously
Reported
|
|
|
As Restated |
|
| Total other income (expense), net |
|
$ |
(259 |
) |
|
$ |
487 |
|
| Total net loss |
|
|
(2,815 |
) |
|
|
(2,069 |
) |
| Deemed dividend related to beneficial conversion feature and accretion of a discount on Series A Preferred Stock |
|
|
- |
|
|
|
- |
|
| Net loss attributable to common stockholders |
|
$ |
(2,815 |
) |
|
$ |
(2,069 |
) |
Net loss per share attributable to common stockholders:
Basic and diluted
|
|
$ |
(0.93 |
) |
|
$ |
(0.68 |
) |
Weighted average common shares outstanding:
Basic and diluted
|
|
|
3,022,073 |
|
|
|
3,022,073 |
|
| Common stock, $0.01 par value |
|
$ |
30 |
|
|
$ |
30 |
|
| Additional paid-in capital |
|
|
231,647 |
|
|
|
225,733 |
|
| Accumulated deficit |
|
|
(220,206 |
) |
|
|
(215,323 |
) |
| Total stockholders’ equity |
|
$ |
11,471 |
|
|
$ |
10,440 |
|
| Derivative liabilities, current portion |
|
$ |
- |
|
|
$ |
1,031 |
|
| |
|
Nine months ended September 30, 2017 |
|
| |
|
As Previously
Reported
|
|
|
As Restated |
|
| Total other expense, net |
|
$ |
(989 |
) |
|
$ |
1,797 |
|
| Total net loss |
|
|
(7,070 |
) |
|
|
(4,284 |
) |
| Deemed dividend related to beneficial conversion feature and accretion of a discount on Series A Preferred Stock |
|
|
- |
|
|
|
- |
|
| Net loss attributable to common stockholders |
|
$ |
(7,070 |
) |
|
$ |
(4,284 |
) |
Net loss per share attributable to common stockholders:
Basic and diluted
|
|
$ |
(2,42 |
) |
|
$ |
(1.47 |
) |
Weighted average common shares outstanding:
Basic and diluted
|
|
|
2,918,240 |
|
|
|
2,918,240 |
|
| Common stock, $0.01 par value |
|
$ |
30 |
|
|
$ |
30 |
|
| Additional paid-in capital |
|
|
231,647 |
|
|
|
225,733 |
|
| Accumulated deficit |
|
|
(220,206 |
) |
|
|
(215,323 |
) |
| Total stockholders’ equity |
|
$ |
11,471 |
|
|
$ |
10,440 |
|
| Derivative liabilities, current portion |
|
$ |
- |
|
|
$ |
1,031 |
|
|