| Computation of Net Loss Per Share of Common Stock |
Computation of Net Income (Loss) Per Share of Common Stock
The following table identifies the components of net loss per basic and diluted share (in thousands, except for per share data):
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2018 |
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2017 |
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2018 |
|
2017 |
Net income (loss) per share – basic |
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Net income (loss) |
$ |
2,396 |
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|
$ |
(2,309 |
) |
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$ |
(3,665 |
) |
|
$ |
(8,482 |
) |
Weighted average shares outstanding – basic |
9,559 |
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|
9,404 |
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|
9,472 |
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|
9,335 |
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Net income (loss) per share – basic |
$ |
0.25 |
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|
$ |
(0.25 |
) |
|
$ |
(0.39 |
) |
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$ |
(0.91 |
) |
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Net income (loss) per share – diluted |
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Income (loss) attributable to common shareholders |
$ |
2,396 |
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$ |
(2,309 |
) |
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$ |
(3,665 |
) |
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$ |
(8,482 |
) |
Weighted average shares outstanding – diluted: |
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Weighted average shares outstanding – basic |
9,559 |
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9,404 |
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9,472 |
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|
9,335 |
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Denominator effect of dilutive securities |
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Unvested restricted stock units |
150 |
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— |
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— |
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— |
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Diluted potential common shares |
150 |
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— |
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— |
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— |
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Weighted average shares outstanding – diluted |
9,709 |
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9,404 |
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9,472 |
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9,335 |
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Net income (loss) per share – diluted |
$ |
0.25 |
|
|
$ |
(0.25 |
) |
|
$ |
(0.39 |
) |
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$ |
(0.91 |
) |
Stock options, warrants and restricted stock units to acquire common shares excluded from the computation of diluted weighted-average common shares as their effect is anti-dilutive were as follows (in thousands):
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Three Months Ended
September 30, |
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Nine Months Ended
September 30, |
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2018 |
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2017 |
|
2018 |
|
2017 |
Stock options |
1,334 |
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1,540 |
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1,261 |
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1,544 |
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Warrants |
1,273 |
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|
314 |
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1,213 |
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|
314 |
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Restricted stock units |
— |
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|
150 |
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150 |
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|
135 |
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Total anti-dilutive |
2,607 |
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2,004 |
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2,624 |
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1,993 |
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