Quarterly report pursuant to Section 13 or 15(d)

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

9 Months Ended

Sep. 30, 2015

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the reconciliation of the numerator and denominator used in the computation of basic and diluted net loss per common share for the three and nine months ended September 30, 2015 and 2014:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands, except per share amounts)	2015		2014		2015		2014
Numerator:
Net income (loss) used for basic earnings per share	$	(1,807)	$	716	$	(8,985)	$	(1,930)
Less change in fair value of warrant liability		—		1,461		—		313
Net loss used for diluted earnings per share	$	(1,807)	$	(745)	$	(8,985)	$	(2,243)
Denominator:
Basic weighted-average outstanding common shares		20,060		16,182		20,050		16,177
Effect of dilutive potential common shares resulting from options		—		67		—		56
Effect of dilutive potential common shares resulting from warrants		—		—		—		—
Weighted-average shares outstanding—diluted		20,060		16,249		20,050		16,233
Net income (loss) per common share:
Basic	$	(0.09)	$	0.04	$	(0.45)	$	(0.12)
Diluted	$	(0.09)	$	(0.05)	$	(0.45)	$	(0.14)

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

These are excluded from the calculation due to their anti-dilutive effect for the three and nine months ended September 30, 2015 and 2014:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2015		2014		2015		2014
Weighted-average anti-dilutive common shares resulting from options		1,349		1,157		1,341		1,184
Weighted-average anti-dilutive common shares resulting from warrants		289		672		210		696
		1,638		1,829		1,551		1,880