Earnings Per Common Share

9 Months Ended

Sep. 30, 2020

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 nine months ended September 30, 2020 and September 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				Nine Months Ended
	September 30,				September 30,
	2020		2019		2020		2019


Numerator: Net loss	$	(7,125)	$	(6,052)	$	(36,948)	$	(17,413)

Denominator:
Weighted average shares—basic	15,771		15,715		15,762		15,657
Common stock equivalents	—		—		—		—
Weighted average shares—diluted	15,771		15,715		15,762		15,657

Loss per common share:


Net loss per basic common share	$	(0.45)	$	(0.39)	$	(2.34)	$	(1.11)



Net loss per diluted common share	$	(0.45)	$	(0.39)	$	(2.34)	$	(1.11)







Anti-dilutive stock-based awards excluded:	422		580		409		516