Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

v3.20.2
EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 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 June 30, 

 

Six Months Ended June 30, 

 

    

2020

    

2019

    

2020

    

2019

Numerator:

 

 

  

 

 

  

 

 

  

 

 

  

Net loss - basic

 

$

(6,703)

 

$

(1,010)

 

$

(11,061)

 

$

(2,627)

Adjustment for assumed conversion of warrants

 

 

 —

 

 

(141)

 

 

(1,562)

 

 

(101)

Net loss - diluted

 

$

(6,703)

 

$

(1,151)

 

$

(12,623)

 

$

(2,728)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

  

 

 

  

 

 

  

 

 

  

Weighted-average common and common share equivalents - basic

 

 

27,079

 

 

26,969

 

 

27,077

 

 

26,955

Potential dilution from assumed conversion of warrants

 

 

 —

 

 

217

 

 

182

 

 

232

Weighted-average common and common share equivalents - diluted

 

 

27,079

 

 

27,186

 

 

27,259

 

 

27,187

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

 

 

4,204

 

 

2,699

 

 

3,198

 

 

2,699