Quarterly report pursuant to Section 13 or 15(d)

Computation of Net Loss Per Share of Common Stock

v3.20.1
Computation of Net Loss Per Share of Common Stock
3 Months Ended
Mar. 31, 2020
Earnings Per Share [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):
 
 
Three Months Ended
 March 31,
 
 
2020
 
2019
Net loss per share – basic
 
 
 
 
Net loss
 
$
(2,672
)
 
$
(950
)
Weighted average shares outstanding
 
13,552

 
9,688

Net loss per share – basic
 
$
(0.20
)
 
$
(0.10
)
 
 
 
 
 
Net loss per share – diluted
 
 
 
 
Loss attributable to common shareholders:
 
 
 
 
Net loss
 
$
(2,672
)
 
$
(950
)
Numerator effect of dilutive securities
 
 
 
 
Warrants
 
(166
)
 

Loss attributable to common shareholders
 
$
(2,838
)
 
$
(950
)
Weighted average shares outstanding – diluted:
 
 
 
 
Weighted average shares outstanding – basic
 
13,552

 
9,688

Denominator effect of dilutive securities
 
 
 
 
Warrants
 
37

 

Diluted potential common shares
 
37

 

Weighted average shares outstanding – diluted
 
13,589

 
9,688

Net loss per share – diluted
 
$
(0.21
)
 
$
(0.10
)

Stock options, warrants and restricted stock units to acquire common shares that were excluded from the computation of diluted weighted-average common shares as their effect is anti-dilutive were as follows (in thousands):
 
 
Three Months Ended
 March 31,
 
 
2020
 
2019
Stock options
 
1,056

 
1,416

Warrants
 
414

 
1,339

Restricted stock units
 
125

 
150

Total anti-dilutive
 
1,595

 
2,905