EARNINGS (LOSS) PER SHARE AND STOCKHOLDERS’ EQUITY
The table below reconciles basic and diluted loss per share of common stock:
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(In thousands, unaudited) |
Three Months Ended June 30, |
|
Six Months Ended June 30, |
|
2019 |
|
2018 |
|
2019 |
|
2018 |
Numerator: |
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|
|
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|
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|
Net loss – basic |
$ |
(1,010 |
) |
|
$ |
(661 |
) |
|
$ |
(2,627 |
) |
|
$ |
(4,947 |
) |
Adjustment for assumed conversion of warrants |
(141 |
) |
|
— |
|
|
(101 |
) |
|
(423 |
) |
Net loss – diluted |
$ |
(1,151 |
) |
|
$ |
(661 |
) |
|
$ |
(2,728 |
) |
|
$ |
(5,370 |
) |
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Denominator: |
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Weighted-average common share equivalents – basic |
26,969 |
|
|
26,922 |
|
|
26,955 |
|
|
25,077 |
|
Potential dilution from assumed conversion of warrants |
217 |
|
|
— |
|
|
232 |
|
|
499 |
|
Weighted-average common and common share equivalents – diluted |
27,186 |
|
|
26,922 |
|
|
27,187 |
|
|
25,576 |
|
Anti-dilutive share-based awards and warrants excluded from the calculation of diluted loss per share |
2,699 |
|
|
3,540 |
|
|
2,699 |
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|
2,533 |
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