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
9 Months Ended
Sep. 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
 September 30,
Nine Months Ended
 September 30,
  2020 2019 2020 2019
Net loss per share – basic
Net loss $ (1,858) $ (221) $ (5,222) $ (4,772)
Weighted average shares outstanding 13,579  9,913  13,555  9,822 
Net loss per share – basic $ (0.14) $ (0.02) $ (0.39) $ (0.49)
Net loss per share – diluted
Loss attributable to common shareholders:
Net loss $ (1,858) $ (221) $ (5,222) $ (4,772)
Numerator effect of dilutive securities
Warrants —  (973) (294) — 
Loss attributable to common shareholders $ (1,858) $ (1,194) $ (5,516) $ (4,772)
Weighted average shares outstanding – diluted:
Weighted average shares outstanding – basic 13,579  9,913  13,555  9,822 
Denominator effect of dilutive securities
Warrants —  500  20  — 
Diluted potential common shares —  500  20  — 
Weighted average shares outstanding – diluted 13,579  10,413  13,575  9,822 
Net loss per share – diluted $ (0.14) $ (0.11) $ (0.41) $ (0.49)
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
 September 30,
Nine Months Ended
 September 30,
  2020 2019 2020 2019
Stock options 1,218  1,268  1,110  1,337 
Warrants 414  —  414  1,339 
Restricted stock units 282  109  204  124 
Total anti-dilutive 1,914  1,377  1,728  2,800