EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2020

EARNINGS PER SHARE

EARNINGS PER SHARE

NOTE 14. – EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the three and six months ended June 30, 2020 and June 30, 2019, respectively. Outstanding warrants, options, and restricted stock units were excluded from the calculation of diluted EPS as the effect was antidilutive.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2020		2019		2020		2019
	(in thousands)
Net loss	$	(5,057)	$	(8,042)	$	(9,086)	$	(10,115)
Weighted average common shares outstanding - basic and diluted		138,854		124,662		138,732		124,653
Net loss per common share - basic and diluted	$	(0.04)	$	(0.06)	$	(0.07)	$	(0.08)
Anti-dilutive shares are as follows:
Warrants		11,293		11,293		11,293		11,293
Options		7,423		7,703		7,423		7,703
Restricted stock units		2,942		693		2,942		693
		21,659		19,689		21,659		19,689