Net Loss Per Common Share

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Net Loss Per Common Share

13. Net Loss per Common Share

Basic loss per common share is computed by dividing net loss by the weighted average number of common shares outstanding during the period, without considering any dilutive items. Diluted net loss per common share is computed by dividing net loss by the sum of the weighted average number of common shares outstanding and the potential number of any dilutive common shares outstanding during the period. Potentially dilutive securities consist of the incremental common stock issuable upon exercise of stock options and convertible notes. Potentially dilutive securities are excluded from the computation if their effect is anti-dilutive. There were no dilutive common shares at September 30, 2020 and 2019. The numerators and denominators used in computing basic and diluted net loss per common share in 2020 and 2019 are as follows:

	Three months ended September 30
	2020			2019
Net loss attributable to Eastside Distilling, Inc. common shareholders (numerator)	$	(1,767,021	)	$	(3,544,357	)
Weighted average shares (denominator)		10,103,936			9,255,347
Basic and diluted net loss per common share	$	(0.17	)	$	(0.38	)

	Nine months ended September 30,
	2020			2019
Net loss attributable to Eastside Distilling, Inc. common shareholders (numerator)	$	(7,461,985	)	$	(9,436,225	)
Weighted average shares (denominator)		9,947,208			9,155,397
Basic and diluted net loss per common share	$	(0.75	)	$	(1.03	)