Annual report pursuant to Section 13 and 15(d)

Computation of Net Loss per Share of Common Stock (Notes)

v3.19.3.a.u2
Computation of Net Loss per Share of Common Stock (Notes)
12 Months Ended
Dec. 31, 2019
Earnings Per Share, Basic [Abstract]  
Computation of Net Loss per Share of Common Stock
Computation of Net 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):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Net loss per share – basic
 
 
 
 
 
Net loss
$
(6,443
)
 
$
(3,617
)
 
$
(11,724
)
Weighted average shares outstanding – basic
10,395

 
9,499

 
9,347

Net loss per share – basic
$
(0.62
)
 
$
(0.38
)
 
$
(1.25
)
 
 
 
 
 
 
Net loss per share – diluted
 
 
 
 
 
Loss attributable to common shareholders:
 
 
 
 
 
Net loss
$
(6,443
)
 
$
(3,617
)
 
$
(11,724
)
Numerator effect of dilutive securities
 
 
 
 
 
Warrants
(105
)
 
(161
)
 

Loss attributable to common shareholders
$
(6,548
)
 
$
(3,778
)
 
$
(11,724
)
Weighted averages shares outstanding – diluted:
 
 
 
 
 
Weighted average shares outstanding – basic
10,395

 
9,499

 
9,347

Denominator effect of dilutive securities
 
 
 
 
 
Warrants
19

 
107

 

Weighted average shares outstanding – diluted
10,414

 
9,606

 
9,347

Net loss per share – diluted
$
(0.63
)
 
$
(0.39
)
 
$
(1.25
)

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):
 
Year Ended
 December 31,
 
2019
 
2018
Stock options
1,299

 
1,273

Warrants
1,025

 
348

Restricted stock units
124

 
150

Total anti-dilutive
2,448

 
1,771