Note 13 - Loss Per Common Share

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

13.

LOSS PER COMMON SHARE

In accordance with FASB Accounting Standards Codification Topic

260

(“FASB ASC

260”

), “Earnings per Share,” basic net loss per share is computed by dividing the net loss available to common stockholders for the period by the weighted average number of common shares outstanding during the period. Diluted net loss per share is computed by dividing net loss available to common stockholders by the weighted average number of diluted shares outstanding during the period calculated using the treasury stock method. Due to the Company’s net loss in the

three

months ended

March 

31,

2019

and

March 

31,

2018,

the assumed exercise of stock options using the treasury stock method would have had an antidilutive effect and therefore

1.0

million shares related to stock options were excluded from the computation of diluted net loss per share for both the

three

months ended

March 

31,

2019

and

2018.

Accordingly, diluted net loss per share is the same as basic net loss per share for the

three

months ended

March 

31,

2019

and

2018.

(in thousands, except share and per share amounts)	For the Three Months Ended March 31,
	2019			2018
Net loss	$	(3,003	)	$	(3,261	)
Basic and diluted weighted average number of shares outstanding		28,583,600			28,488,032
Basic and diluted loss per common share	$	(0.11	)	$	(0.11	)