Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v3.20.1
EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2020
EARNINGS (LOSS) PER SHARE  
EARNINGS (LOSS) PER SHARE

9. EARNINGS (LOSS) PER SHARE

The table below reconciles basic and diluted loss per share of common stock:

 

 

 

 

 

 

(In thousands)

Three Months Ended March 31, 

 

2020

    

2019

Numerator:

 

  

 

 

  

Net loss - basic

$

(4,358)

 

$

(1,617)

Adjustment for assumed conversion of warrants

 

(1,656)

 

 

 —

Net loss - diluted

$

(6,014)

 

$

(1,617)

 

 

 

 

 

 

Denominator:

 

  

 

 

  

Weighted-average common and common share equivalents - basic

 

27,076

 

 

26,940

Potential dilution from assumed conversion of warrants

 

364

 

 

 —

Weighted-average common and common share equivalents - diluted

 

27,440

 

 

26,940

Anti-dilutive share-based awards and warrants excluded from the calculation of diluted loss per share

 

2,844

 

 

3,556