Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)

v3.21.1
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY (Tables)
3 Months Ended
Mar. 31, 2021
EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS' EQUITY  
Schedule of Earnings Per Share, Basic and Diluted

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

 

 

 

 

 

 

 

(In thousands)

 

Three Months Ended March 31, 

 

    

2021

    

2020

Numerator:

 

 

  

 

 

  

Net loss – basic

 

$

(3,445)

 

$

(4,358)

Adjustment for assumed conversion of warrants

 

 

 —

 

 

(1,656)

Net loss – diluted

 

$

(3,445)

 

$

(6,014)

 

 

 

 

 

 

 

Denominator:

 

 

  

 

 

  

Weighted-average common and common share equivalents - basic

 

 

27,357

 

 

27,076

Potential dilution from assumed conversion of warrants

 

 

 —

 

 

364

Weighted-average common and common share equivalents - diluted

 

 

27,357

 

 

27,440

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

 

 

3,140

 

 

2,844