Annual report pursuant to Section 13 and 15(d)

Net Loss per Share (Tables)

v3.3.1.900
Net Loss per Share (Tables)
12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted net loss per share

 

    For the year ended:  
    2015     2014  
Numerator:            
Net loss attributable to shareholders   $ (50,122 )   $ (99 )
Adjustment for change in fair value of derivative liability     -       (2,228 )
Net loss attributable to shareholders   $ (50,122 )   $ (2,327 )
                 
Denominator:                
Weighted average shares outstanding used to compute net loss per share:                
Basic     630,316       326,779  
  Adjustment for dilutive effects of warrants     -       954  
Diluted    

630,316

      327,733  
                 
Net loss per share                
Basic   $ (0.08 )   $ (0.00 )
Diluted   $ (0.08 )   $ (0.01 )

 

Antidilutive securities

The following table sets forth the number of potential common shares excluded from the calculations of net income (loss) per diluted share because their inclusion would be anti-dilutive (in thousands):

 

    For the year ended December 31,  
    2015     2014  
Options to purchase common stock     43,071       19,600  
Warrants to purchase common stock     8,280       16,669  
Total     51,351       36,269