I have a net operating loss for my LLC, but married, filing jointly, with net positive income. Does NOL apply only if business operating expenses surpass total income?

I have a sole member LLC which operated in 2016 with a net loss. I am married, filing jointly. My husband's income is greater than the net loss from my business, meaning that in total we are at a (low) net positive income.

Can I, and should I, file for Net Operating Loss? Or is that only applicable when the entire 1040 income amount (Line 41) is a net negative?

Thank you!