Quarterly report pursuant to Section 13 or 15(d)

Computation of Net Loss Per Share of Common Stock

v3.20.2
Computation of Net Loss Per Share of Common Stock
6 Months Ended
Jun. 30, 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
 June 30,
 
Six Months Ended
 June 30,
 
2020
 
2019
 
2020
 
2019
Net loss per share – basic
 
 
 
 
 
 
 
Net loss
$
(692
)
 
$
(3,601
)
 
$
(3,364
)
 
$
(4,551
)
Weighted average shares outstanding
13,534

 
9,861

 
13,543

 
9,775

Net loss per share – basic
$
(0.05
)
 
$
(0.37
)
 
$
(0.25
)
 
$
(0.47
)
 
 
 
 
 
 
 
 
Net loss per share – diluted
 
 
 
 
 
 
 
Loss attributable to common shareholders:
 
 
 
 
 
 
 
Net loss
$
(692
)
 
$
(3,601
)
 
$
(3,364
)
 
$
(4,551
)
Numerator effect of dilutive securities
 
 
 
 
 
 
 
Warrants
(128
)
 

 
(294
)
 

Loss attributable to common shareholders
$
(820
)
 
$
(3,601
)
 
$
(3,658
)
 
$
(4,551
)
Weighted average shares outstanding – diluted:
 
 
 
 
 
 
 
Weighted average shares outstanding – basic
13,534

 
9,861

 
13,543

 
9,775

Denominator effect of dilutive securities
 
 
 
 
 
 
 
Warrants
4

 

 
30

 

Diluted potential common shares
4

 

 
30

 

Weighted average shares outstanding – diluted
13,538

 
9,861

 
13,573

 
9,775

Net loss per share – diluted
$
(0.06
)
 
$
(0.37
)
 
$
(0.27
)
 
$
(0.47
)

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
 June 30,
 
Six Months Ended
 June 30,
 
2020
 
2019
 
2020
 
2019
Stock options
1,054

 
1,328

 
1,055

 
1,372

Warrants
414

 
1,339

 
414

 
1,339

Restricted stock units
172

 
115

 
164

 
132

Total anti-dilutive
1,640

 
2,782

 
1,633

 
2,843