XML 25 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Earnings Per Common Share
 6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Earnings Per Common Share
Earnings Per Common Share

Net loss per basic and diluted common share have been computed using the weighted average number of shares of common stock outstanding during the period. For the three and six months ended June 30, 2020 and June 30, 2019, no shares of common stock underlying restricted stock or warrants were included in the computation of diluted earnings per common share because the inclusion of such shares would be anti-dilutive based on the net losses reported for those periods.

The following table presents the calculation of basic and diluted net loss per common share, as well as the anti-dilutive stock-based awards that were excluded from the calculation of diluted net loss per share for the periods presented:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2020
 
2019
 
2020
 
2019
Numerator: Net loss
$
(6,779
)
 
$
(5,006
)
 
$
(29,823
)
 
$
(11,361
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Weighted average shares—basic
15,761

 
15,704

 
15,757

 
15,627

Common stock equivalents
—

 
—

 
—

 
—

Weighted average shares—diluted
15,761

 
15,704

 
15,757

 
15,627

 
 
 
 
 
 
 
 
Loss per common share:
 
 
 
 
 
 
 
Net loss per basic common share
$
(0.43
)
 
$
(0.32
)
 
$
(1.89
)
 
$
(0.73
)
 
 
 
 
 
 
 
 
Net loss per diluted common share
$
(0.43
)
 
$
(0.32
)
 
$
(1.89
)
 
$
(0.73
)
 
 
 
 
 
 
 
 
Anti-dilutive stock-based awards excluded:
415

 
559

 
415

 
513