Note 3 - Loss Per Share

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Earnings Per Share [Text Block]

NOTE

3—LOSS

PER SHARE

The calculation of basic and diluted net loss per share for the periods presented is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
Basic and diluted net loss per share
Numerator:
Net loss	$	(1,446	)	$	(1,303	)	$	(6,879	)	$	(4,058	)
Denominator:
Weighted–average shares outstanding		20,152,029			20,076,021			20,152,029			19,684,004
Add:
Dilutive effect of stock options		—			—			—			—
Dilutive effect of restricted common stock		—			—			—			—
Weighted–average shares outstanding with dilution		20,152,029			20,076,021			20,152,029			19,684,004
Net loss per share:
Basic	$	(0.07	)	$	(0.07	)	$	(0.34	)	$	(0.21	)
Diluted	$	(0.07	)	$	(0.07	)	$	(0.34	)	$	(0.21	)

Due to the net loss for the

three

and

nine

months ended

September 

30,

2019

and

2018,

the computation of dilutive weighted-average common shares outstanding does

not

include any stock options or any shares of unvested restricted common stock as these potential awards are anti-dilutive.

Because the effect would be anti-dilutive, there were

1,121,332

stock options outstanding that were

not

included in the computation of diluted weighted-average shares outstanding for each of the

three

and

nine

months ended

September 

30,

2019

and

2018.