Net (Loss)/Income Per Share

3 Months Ended

Mar. 31, 2019

Net (Loss)/Income Per Share [Abstract]

Net (Loss)/Income Per Share

Note 14.  Net (Loss)/Income Per Share

Basic net (loss)/income per share is calculated by dividing net (loss)/income by the weighted-average number of common shares.

As a result of the Company’s net loss incurred for the quarter ended March 31, 2019, all potentially dilutive instruments outstanding would have anti-dilutive effects on per-share calculations for this period.  Therefore, basic and diluted net loss per share were the same, as reflected below.

	Three Months Ended March 31, 2019			Three Months Ended March 31, 2018
Numerator:
Net (loss) income	$	(14,726	)	$	4,099
Denominator:
Weighted-average number of common shares – basic and diluted		24,963,603			15,077,647
Net (loss) income per common share – basic and diluted	$	(0.59	)	$	0.27

As of March 31, 2019, the Company’s potentially dilutive instruments included 1,732,426 options to purchase common shares and 172,655 unvested restricted stock units (“RSUs”) that were excluded from the computation of diluted weighted average shares outstanding because these securities had an anti-dilutive impact due to the loss reported. No such equity securities were issued as of March 31, 2018.