Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (EPS) (Tables)

v3.2.0.727
Earnings Per Share (EPS) (Tables)
 12 Months Ended
Mar. 31, 2015
Earnings Per Share (EPS) [Abstract]  
Calculation of basic and diluted net income (loss) per common share
The following table represents the calculation of basic and diluted net income (loss) per common share (in thousands, except per share data):

   
Year Ended March 31,
  
   
2015
    
2014
  
         
Loss from continuing operations
  
$
(5,164
)
  
$
(3,469
)
Net income from discontinued operations, net of taxes
    
-
      
155
  
                 
Net loss applicable to common stockholders
  
$
(5,164
)
  
$
(3,314
)
Basic and diluted:
                
Weighted-average common shares outstanding
    
3,387
      
1,965
  
Weighted-average common shares used in per share computation
    
3,387
      
1,965
  
                 
Net loss per share from continuing operations:
                
Basic and diluted
  
$
(1.52
)
  
$
(1.77
)
Net income per share from discontinued operations:
                
Basic and diluted
  
$
-
    
$
0.08
  
Net loss per share:
                
Basic and diluted
  
$
(1.52
)
  
$
(1.69
)
Schedule of antidilutive securities excluded from computation of earnings per share
The following shares of common stock equivalents and warrants were excluded from the computation of diluted earnings per share for the years March 31, 2015 and 2014 because including them would have been anti-dilutive.

   
March 31,
2015
    
March 31,
2014
  
         
Outstanding Options
    
665,058
      
371,759
  
Outstanding RSUs
    
23,921
      
129,050
  
     
688,979
      
500,809
  
                 
Warrants - Sequel
    
-
      
92,888
  
Warrants S-3 (June 2014)
    
27,405
      
-
  
Warrants - S-1
    
4,256,000
      
-
  
Warrants - underwriters
    
186,066
      
-
  
Shares Excluded from EPS calculation
    
5,158,450
      
593,697