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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2020
EARNINGS PER SHARE [Abstract]  
Reconciliation of Numerator and Denominator of Diluted Net Loss Per Share Computations
The following is a reconciliation of the numerator and denominator of the diluted net loss per share computations for the periods presented below:

  
Three Months Ended
 
(in thousands, except share data)
 
2020
  
2019
 
Numerator:
      
Net loss
 
$
(1,750
)
 
$
(5,467
)
Less: preferred stock dividend
  
(308
)
  
-
 
Less: allocation to preferred stockholders
  
-
   
-
 
Less: allocation to restricted stockholders
  
-
   
-
 
Net loss allocated to common stockholders
 
$
(2,058
)
 
$
(5,467
)
         
Basic loss per share:
        
Denominator:
        
Weighted average common shares outstanding
  
24,598,346
   
24,534,207
 
Basic loss per share
 
$
(0.08
)
 
$
(0.22
)
         
Diluted loss per share:
        
Denominator:
        
Weighted average number of:
        
Common shares outstanding
  
24,598,346
   
24,534,207
 
Dilutive potential common shares outstanding:
        
Series A Preferred Stock
  
-
   
-
 
Unvested restricted stock
  
-
   
-
 
Stock options
  
-
   
-
 
Dilutive shares outstanding
  
24,598,346
   
24,534,207
 
Diluted loss per share
 
$
(0.08
)
 
$
(0.22
)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the potential weighted average shares of common stock that were excluded from the determination of our diluted shares outstanding as they were anti-dilutive:

  
Three Months Ended
 
(in thousands, except share data)
 
2020
  
2019
 
Series A Preferred Stock
  
5,448,802
   
-
 
Unvested restricted stock
  
613,701
   
175,675
 
   
6,062,503
   
175,675