(In thousands, Unaudited)

Three Months Ended September 30, 

Nine Months Ended September 30, 

2019

2018

2019

2018

Numerator:

Net income (loss) - basic

$

938

$

1,565

$

(1,689)

$

(3,382)

Adjustment for assumed conversion of warrants

 —

(463)

 —

(886)

Net income (loss) - diluted

$

938

$

1,102

$

(1,689)

$

(4,268)

Denominator:

Weighted-average common share equivalents - basic

26,980

26,932

26,963

25,702

Potential dilution from share-based awards

521

1,101

 —

 —

Potential dilution from assumed conversion of warrants

 —

457

 —

486

Weighted-average common and common share equivalents - diluted

27,501

28,490

26,963

26,188

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

1,901

152

3,959

2,576